Thursday, October 15, 2026

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GBP/USD elicited support at 1.4886, UK data Friday

GBP/USD 1.4886 flips to support after retreating from 1.4942 Stops above 1.4886 (Apr 9 high) were tripped during London am 1.4813 was early Europe low, before squeeze on shorts to 8-day high Key resistance at 1.50 (regul…

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

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  • GBP/USD 1.4886 flips to support after retreating from 1.4942

  • Stops above 1.4886 (Apr 9 high) were tripped during London am

  • 1.4813 was early Europe low, before squeeze on shorts to 8-day high

  • Key resistance at 1.50 (regular recent failures ahead)

  • UK earnings/jobs data due Friday, 323 seats is first target amid UK election fog 

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By FxWirePro Team