Thursday, October 15, 2026

Technicals

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GBP/USD under pressure after US ADP data, 55-DMA in focus

GBP/USD under strain after US ADP data from resurgent bid for USDs Decline very slow despite break 21-DMA and into daily cloud Bids into 55-DMA 1.5310 stops below, GBP elevated on crosses, traders long pounds Current 1.5…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • GBP/USD under strain after US ADP data from resurgent bid for USDs

  • Decline very slow despite break 21-DMA and into daily cloud

  • Bids into 55-DMA 1.5310 stops below, GBP elevated on crosses, traders long pounds

  • Current 1.5322 lows exceeds 1.5324 38.2% 1.49852-1.5554 rise

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By FxWirePro Team