Friday, October 16, 2026

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GBP/USD flips to 1.4790 resistance

Cable met headwind just ahead 1.4790 after USD longs eased 1.4790 = Friday's early NY low More offers touted at 1.48 & 1.4820 1.48 = former option barrier level (1.4807 = Friday's European am low) 1.4818 = rally high fro…

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

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  • Cable met headwind just ahead 1.4790 after USD longs eased

  • 1.4790 = Friday's early NY low

  • More offers touted at 1.48 & 1.4820

  • 1.48 = former option barrier level (1.4807 = Friday's European am low)

  • 1.4818 = rally high from 1.4790, before another slide

  • 1.4699 = Friday's 57month low

  • 1.4228 = May 2010 low

 

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