Friday, October 16, 2026

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GBP/USD could be pushed to 1.48 level if UK earnings beat

Tuesday low at 1.4724. Last Friday's 57month low at 1.4699 Stronger results for UK earnings & jobs data could boost cable towards 1.48 Resistance at 1.4779 (Asia high) pre-release. Bids tipped at 1.4725 & 1.47 MPC minute…

By Ian Preston
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Tuesday low at 1.4724. Last Friday's 57month low at 1.4699

  • Stronger results for UK earnings & jobs data could boost cable towards 1.48

  • Resistance at 1.4779 (Asia high) pre-release. Bids tipped at 1.4725 & 1.47

  • MPC minutes to release along with UK earnings/jobs data. 9-0 rate vote expected

 

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By FxWirePro Team