Blinking red light on furnace

The codes are usually explained on a wiring diagram that is on the back panel.

Check yours, it might be different!  For me, a continuously blinking light is normal.

• Flashing slow: Normal – no call for heat
• Flashing fast: Normal – call for heat
• Continuous on: Replace IFC (circuit board)
• Continuous off: Check power
• 2 Flashes: External lockout (retries or recycles exceeded)
• 3 Flashes: Pressure switch error
• 4 Flashes: Open limit device
• 5 Flashes: Flame sensed when no flame should be present
• 6 Flashes: 115 VAC power reversed polarity or poor grounding
• 7 Flashes: Gas valve circuit error
• 8 Flashes: Low flame sense signal
• 9 Flashes: Check igniter

FYI, for a modern furnace, Never attempt to light your furnace manually.  It likely uses a direct ignition system so when power is cycled, the pilot will then ignite automatically.  It’s better to just call your gas company if there was an outage.