Thursday, October 15, 2026

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GBP/USD slows pace to 1.5600

Strong demand side fades as market loses momentum Pair favors a 1.5600 test but slower on Thursday 1.5480 Wed high, 1.5600 100DMA and 1.5621 Dec 31 high Support = 10DMA at 1.5333 and Tues low at 1.5317 CBI Feb trends-ord…

By Meredith J C Warren
1 min read
GBP/USD slows pace to 1.5600
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  • Strong demand side fades as market loses momentum

  • Pair favors a 1.5600 test but slower on Thursday

  • 1.5480 Wed high, 1.5600 100DMA and 1.5621 Dec 31 high

  • Support = 10DMA at 1.5333 and Tues low at 1.5317

  • CBI Feb trends-orders 1100GMT, 6 expected vs 4 previous

 

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