NEWS: GBPUSD price is falling -0.6% after strong US economic data and higher probability that the FED will keep interest rates higher for longer are strengthening the dollar.
Possible Scenarios:
If GBPUSD fails to breach through S1 of 1.33996, our Research Department expects the GBPUSD to undergo a short- term upward correction.
If GBPUSD manages to break below its S1 of 1.33996, our Research Department expects the GBPUSD to extend its losses to its S2 of 1.33752
Support and Resistance Levels:
|
GBPUSD |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1.33509 |
1.33752 |
1.33996 |
1.34321 |
1.34646 |
1.34890 |
1.35133 |
Potential Profit or Potential Loss Calculations:
|
10 pips per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €84.5 |
(+/-) £74.36 |
|||
*1 trading lot is equivalent of 100.000 units
**EUR/USD = 1.18345
***GBP/USD = 1.34478
Calculations for exchange rate used as of Thursday, February 19, 2026, 15:00: GMT