Thursday, October 15, 2026

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GBP/USD rises a half-cent on upbeat UK earnings

Cable rises an excess half-cent to 1.5430 on upbeat UK earnings Quarterly annualized earnings +2.1% in Dec vs +1.7% forecast Spread of UK earnings over UK CPI more than doubled to 1.6% in Dec Lift for hawks advocating Bo…

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

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  • Cable rises an excess half-cent to 1.5430 on upbeat UK earnings

  • Quarterly annualized earnings +2.1% in Dec vs +1.7% forecast

  • Spread of UK earnings over UK CPI more than doubled to 1.6% in Dec

  • Lift for hawks advocating BoE rate hike before year-end

  • 1.55 among cable bull targets beyond 1.5441 (Monday's 6week peak)

 

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By FxWirePro Team