Thursday, October 15, 2026

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GBP/USD mixed signals suggest range bound trading

UK returns from long weekend- 20pts lower than Friday's NY close Construction PMI leads data risk in London Momentum studies & 5 dma crest, 10 & 20 dma's head north Conflicting signals suggests a period of consolidation

By Earlence Fernandes
1 min read
GBP/USD mixed signals suggest range bound trading
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  • UK returns from long weekend- 20pts lower than Friday's NY close

  • Construction PMI leads data risk in London

  • Momentum studies & 5 dma crest, 10 & 20 dma's head north

  • Conflicting signals suggests a period of consolidation

 

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