Thursday, October 15, 2026

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GBP/USD bounces to 1.5480 support after 8week high

1.5513 = 8week cable high after stops above 1.5480 & 1.55 tripped early Europe 1.5480 = Feb 18 high. 1.5479 = Asia high 1.5475 = Monday & Tuesday high 1.60 among bull targets beyond 1.5588/1.5621 (Jan 2/Dec 31 highs) 1.5…

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

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  • 1.5513 = 8week cable high after stops above 1.5480 & 1.55 tripped early Europe

  • 1.5480 = Feb 18 high. 1.5479 = Asia high

  • 1.5475 = Monday & Tuesday high

  • 1.60 among bull targets beyond 1.5588/1.5621 (Jan 2/Dec 31 highs)

  • 1.5403 = Tuesday low in knee-jerk reaction to Yellen

 

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