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Back Technical analysis
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Back Technical analysis
GBP/USD Forecast on February 19, 2026
On the hourly chart, the GBP/USD
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On the hourly chart, the GBP/USD pair on Wednesday made another reversal in favor of the U.S. dollar and resumed its decline. Today, a rebound from the 1.3437–1.3470 support level would favor the pound and some growth toward the 1.3526–1.3539 resistance level. A consolidation below the 1.3437–1.3470 level would increase the probability of continued decline toward the next support level at 1.3352–1.3362. The wave situation remains "bearish." The last completed downward wave broke the previous low, while the last
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
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