Thursday, October 15, 2026

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GBP/USD sees scope to 1.5275-80 today

Decent backtrack Thursday, near 200 pips drop from 1.5498 trend high May day market will cloud true intentions but further correction is likely Shallow bull bias late Asia and small offers touted 1.5360-1.5390 area UK Cr…

By Earlence Fernandes
1 min read
GBP/USD sees scope to 1.5275-80 today
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  • Decent backtrack Thursday, near 200 pips drop from 1.5498 trend high

  • May day market will cloud true intentions but further correction is likely

  • Shallow bull bias late Asia and small offers touted 1.5360-1.5390 area

  • UK Credit/mortgage and Mfg PMI data from 0830GMT 

 

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