Forex Trading Library

GBP/USD –18.08.2026

Technical Analysis
By Rami Abu-Draa
GBP/USD –18.08.2026
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GBPUSD managed to retreat from the 1.3555 resistance as Intraday support remains at 1.3470.
As long as the market holds above 1.3470, another advance toward 1.3655 is likely.
Below 1.3470 more of a drop could hit the market with supports at 1.3400 and 1.3270.

SUPPORT RESISTANCE
LEVEL1 1.3470 1.3655-60
LEVEL2 1.3400 1.3730-35
LEVEL3 1.3270 1.3870
Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

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