Thursday, October 15, 2026

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GBPUSD flat ahead of BOE monetary policy meeting minutes

Pair trading between 1.4910- 1.4945, last at 1.4941 Near term support falls at 1.4913 and 1.4855 (Low April 21) Daily close above 1.4855 is required to get further direction Resistance falls at 1.4983 and 1.5053 (High Ap…

By Earlence Fernandes
1 min read
GBPUSD flat ahead of BOE monetary policy meeting minutes
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  • Pair trading between 1.4910- 1.4945, last at 1.4941

  • Near term support falls at 1.4913 and 1.4855 (Low April 21)

  • Daily close above 1.4855 is required to get further direction

  • Resistance falls at 1.4983 and 1.5053 (High April 17)

  • Break above 1.4972 (50 DMA) gives verification towards next target

 

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