Thursday, October 15, 2026

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GBP/USD sees scope to 1.54 if UK CPI stays at 0.5%

GBP may draw out lift if UK Jan CPI number matches +0.5% y/y Dec number Offers pushed near 1.54 (1.5390 = London pm high Mon; 1.5395 = Asia low Mon) 1.5438 among resistance levels beyond figure, 76.4% of 1.5588-1.4952 Bi…

By Meredith J C Warren
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • GBP may draw out lift if UK Jan CPI number matches +0.5% y/y Dec number

  • Offers pushed near 1.54 (1.5390 = London pm high Mon; 1.5395 = Asia low Mon)

  • 1.5438 among resistance levels beyond figure, 76.4% of 1.5588-1.4952

  • Bids tipped near 1.5340 (1.5339 = Mon low). 1.5352-82 = Tues range-to-date 

 

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By FxWirePro Team