Forex Market Thoughts for 1.10.2026

Hello. Below are several Forex trading recommendations for 1.10.2026

GBPUSD

GBPUSD daily chart
GBPUSD trader positioning statistics

GBPUSD made an excellent upward correction into the 1.3289 FVG. We should probably expect the price to continue falling below the 1.3159 lows. Trade statistics also show a strong buyer imbalance, which should help the price fall. Intraday, on upward pullbacks, I will look for sell signals, with initial targets below 1.3159 and then at 1.3000. I am not considering buys here.

Best regards, Artem aka TeaDrinker