Overview of Trading Ideas for Major Currency Pairs on 10.08.2026

Hello. Below are several Forex market trading recommendations for 10.08.2026

GBPUSD

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In GBPUSD, following Friday's news, the price failed to set a new high above 1,3505. It is logical to expect further price growth, but I think there will be a downward correction. The first target where I would like to see the price from below is the FVG at 1.3387. If we move through it, we can say that we have remained within the range and can expect a decline toward the lows around 1,3140. I am not considering buying at the current level.

NZDUSD

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NZDUSD shows best how the week unfolded across all the major currency pairs. There is an almost perfectly even "fence" below the 0,5887 level. Here, I would also like to see a downward correction before growth continues. The obvious areas for a correction are the lower boundary of the sideways range at 0,5853 and the FVG slightly lower at 0.5843. Once there, I will watch the price reaction and make further decisions. I am not considering buying at the current prices.

Best regards, Artem aka TeaDrinker