Thursday, October 15, 2026

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FxWirePro: GBP/USD struggles to close above 1.5200, good to buy at dips

Cable recovered till 1.5246 yesterday and retreated till 1.5176. It is currently trading at 1.52180. On the higher side major resistance is around 1.5262 and break above will take the pair to new level till 1.5300/1.5360…

By Lis Howell
1 min read
FxWirePro: GBP/USD struggles to close above 1.5200, good to buy at dips
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  • Cable recovered till 1.5246 yesterday and retreated till 1.5176.  It is currently trading at 1.52180.

  • On the higher side major resistance is around 1.5262 and break above will take the pair to new level till 1.5300/1.5360 level.

  • The pair's support is around 1.5200 and any break below 1.5200 will target 1.5160/1.5130

It is good to buy at dips around 1.5170 with SL around 1.5130 for the TP of 1.5230/1.5260

 

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EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team