GBPUSD Daily Chart:

GBPUSD tries to hold above 1.32700 Fibonacci 76.40%. 1.33600 will be the first target as long as it holds above 1.32700. Breaking below will carry the price 1.31800.
We do not have a strong data flow today. The only fundamental can be the Brexit Talks to give volatility to GBPUSD. All technicals are bullish.

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GBPUSD-DAILY-CHART-3

Source: http://www.fxters.com/gbpusd-technical-overview-october-16th/

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Mike Torro

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