Thursday, October 15, 2026

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GBP/USD trading in a tight range

A quiet Asia into the UK bank holiday in observance of May Day Hung parliament & indecision expected, but GBP remains elastic Momentum studies & 5 dma crest, 10 & 20 dma's head north with Bollinger's contradictory signal…

By Earlence Fernandes
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • A quiet Asia into the UK bank holiday in observance of May Day

  • Hung parliament & indecision expected, but GBP remains elastic

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

  • contradictory signals - bias higher while closes above 1.5140, 38.2% April rise

 

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