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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

GBPUSD 16.10.2025

Technical Analysis
Thursday, October 16, 2025 - 00:18
Point Trader Group
GBPUSD 16.10.2025

Overall Trend:

Cable is back above 1.33310, trading near 1.33620. Holding 1.33310 keeps recovery prospects alive toward higher caps; slipping back below revives downside pressure.

Expected Scenario:

Bullish: Sustained trade above 1.33310 targets 1.34200 then 1.35100; 1.37546 remains a distant swing high.

Bearish: A break below 1.33310 exposes 1.32700 and 1.32400.

Key Levels:

Resistance: 1.34200 – 1.35100 – 1.37546

Support: 1.33310 – 1.32700 – 1.32400

*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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