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GBP/USD elicited support at 1.4886, UK data Friday

Thursday, April 16, 2015 3:36 PM UTC

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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GBP/USD elicited support at 1.4886, UK data Friday

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