Thursday, October 15, 2026

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GBP/USD threatens 1.54 after longs lightened pre-NFP data

Cable threatens 1.54 after GBP longs lightened pre-US jobs data Earlier GBP gains fuelled by UK election shock (1.5165 = Thursday low) 1.54 break risk will increase if US Apr NFP better than expected. 224k forecast 1.549…

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

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  • Cable threatens 1.54 after GBP longs lightened pre-US jobs data

  • Earlier GBP gains fuelled by UK election shock (1.5165 = Thursday low)

  • 1.54 break risk will increase if US Apr NFP better than expected. 224k forecast

  • 1.5496 was London am high. 1.5523 = 10wk high in Asia 

  • 1.5374 (Asia low) & 1.5357 among sub-figure support levels

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