Thursday, October 15, 2026

Technicals

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GBP/USD edges lower as Fed waits for better data

GBP/USD moves lower post-FOMC rate hold, to 1.5430 from 1.5465 Resistance by 1.55 by today's high, Support at 1.5423 daily Tenkan line Bad weather, low energy prices weigh on growth and inflation Job growth moderated & l…

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

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  • GBP/USD moves lower post-FOMC rate hold, to 1.5430 from 1.5465

  • Resistance by 1.55 by today's high, Support at 1.5423 daily Tenkan line

  • Bad weather, low energy prices weigh on growth and inflation

  • Job growth moderated & labor underutilization changed little since March

  • CME Fed watch has Jun rate hike at 4.3%, Sept 23.1%

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By FxWirePro Team