GBP/USD Forecast: Market Awaits Dollar Direction – 17 October 2025
The British pound has reached the 50-day EMA against the US dollar, trading near mid-range levels as traders watch broader USD trends for the next directional move.

The British pound has reached the 50-day EMA against the US dollar, trading near mid-range levels as traders watch broader USD trends for the next directional move.
Bitcoin faces renewed selling pressure below $112,000, with technical signals turning bearish and a potential break of the 200-day EMA threatening further downside.
The US dollar continues to weaken against the Mexican peso, with repeated failures at the 18.50 level reinforcing a bearish outlook amid rising risk appetite.
Meta Platforms is showing signs of strength at a key technical support zone, and a break above $735 could trigger a rally back toward the $800 resistance level.
The US dollar is gaining against the Canadian dollar, supported by a golden cross and weak Canadian fundamentals, with a bullish target set at 1.4250.
Gold experiences intense volatility in the Asian trading hours on Friday, driven by a bout of profit-taking and risk-off flows, following the latest parabolic rise to new record highs near $4,380.