Thursday, October 15, 2026

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GBP/USD flat, signals suggest consolidation

+15pts in Asia - opened +0.47% - election in the balance Neutral momentum studies, 5, 10 & 20 dma's conflict, Bolli's edge higher Mixed signals suggest bounce is over & a period of consolidation due Initial support/resis…

By Earlence Fernandes
1 min read
GBP/USD flat, signals suggest consolidation
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  • +15pts in Asia - opened +0.47% - election in the balance

  • Neutral momentum studies, 5, 10 & 20 dma's conflict, Bolli's edge higher

  • Mixed signals suggest bounce is over & a period of consolidation due

  • Initial support/resistance are seen at 1.5088 low & NY 1.5218 high

 

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