Trader's View of the Forex Market on 16.04.2026
Hello. Below will be several recommendations for trading on the Forex market for 16.04.2026
GBPUSD
Of interest today, there is only the GBPUSD pair. Price reached the 1.3575 level, stopped, and formed a Doji pattern. From the current situation there are of course few arguments for selling, and there is also a feeling that we will go once more to the 1.3575 level. But overall it would already be time to make a downward correction, and in the coming days it makes sense to start looking at sells. If we get lucky and the correction drags on, then targets can be taken around the 1.3380 level and the FVG there as well.
Respectfully, Artem aka TeaDrinker
GBPUSD forex outlook for 16.04.2026: price stalled at 1.3575 with a Doji pattern, with traders watching for a correction toward 1.3380.

