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April 16, 2025

Intraday Price Action Setups for GBP/USD, AUD/USD, and USD/CAD

Intraday Price Action Setups for GBP/USD, AUD/USD, and USD/CAD

Today, we analyze the intraday movement of GBP/USD, AUD/USD, and USD/CAD, ahead of critical economic indicators coming from Europe and the US. This includes crucial inflation figures and retail sales data.

The market is preparing for a speech by Federal Reserve Chair Jerome Powell, which could significantly impact USD pairs.

Current intraday levels for these pairs could provide good opportunities for traders, with GBP/USD showing resilient support. Keep an eye on the trading sessions for potential breakout opportunities.

Price Action Setups

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