Thursday, October 15, 2026

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GBP/USD easing action kicked in intraday, further squeeze likely

Source: Thomson Reuters GBP/USD bids raised to the daily kijun line (1.4861) Pair sees sustained break/close above daily kijun line (1.4861) for the first time since Mar 3 1.5053 was the earlier session high before easin…

By Jay L. Zagorsky
1 min read
GBP/USD easing action kicked in intraday, further squeeze likely
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Source: Thomson Reuters


  • GBP/USD bids raised to the daily kijun line (1.4861) 

  • Pair sees sustained break/close above daily kijun line (1.4861) for the first time since Mar 3

  • 1.5053 was the earlier session high before easing action kicked in

  • Next bull targets at 1.5061 (50% of 1.5554/1.4567), the 55 DMA at 1.5067 

  • Cloud base  at 1.5087 above. Trend indicators reinforce further squeeze

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