Thursday, October 15, 2026

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GBP/USD 200DMA (1.5590) in focus again

GBP/USD 200DMA is now 1.5590 vs 1.5597 Tuesday, with offers touted at 1.5590 1.5568 = intra-day high vs 1.5473 early Europe low (pre-MPC minutes) Cable broke below 200DMA pre-soft UK CPI data Tuesday, en route to 1.5447 …

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • GBP/USD 200DMA is now 1.5590 vs 1.5597 Tuesday, with offers touted at 1.5590

  • 1.5568 = intra-day high vs 1.5473 early Europe low (pre-MPC minutes)

  • Cable broke below 200DMA pre-soft UK CPI data Tuesday, en route to 1.5447

  • Pair closed above 200DMA for 1st time in 9 months 7 days earlier (May 12)

  • FOMC minutes due 1800 GMT awaited 

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By FxWirePro Team