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Trading news
16 Apr 2015
GBP/USD in red near 1.4820
FXStreet (Edinburgh) - The sterling is following the broader flat mood in the global market, with GBP/USD hovering over 1.4830/25.
GBP/USD focus on UK jobs data
The pair is now coming down from overnight tops around 1.4880, following the upside momentum after the US docket disappointed investors once again on Wednesday.
Critical UK’s labour market data is due tomorrow, with prior surveys expecting the Claimant Count Change to have dropped by 28K during March and the jobless rate to have ticked lower to 5.6% in the three months ended in March.
GBP/USD relevant levels
At the moment the pair is losing 0.09% at 14829 with the next support at 1.4782 (200-h MA) followed by 1.4707 (100-h MA) and then 1.4701 (low Apr.15). On the flip side, a break above 1.4861 (Kijun Sen) would open the door to 1.4880 (high Apr.15) and finally 1.4886 (high Apr.9).
GBP/USD focus on UK jobs data
The pair is now coming down from overnight tops around 1.4880, following the upside momentum after the US docket disappointed investors once again on Wednesday.
Critical UK’s labour market data is due tomorrow, with prior surveys expecting the Claimant Count Change to have dropped by 28K during March and the jobless rate to have ticked lower to 5.6% in the three months ended in March.
GBP/USD relevant levels
At the moment the pair is losing 0.09% at 14829 with the next support at 1.4782 (200-h MA) followed by 1.4707 (100-h MA) and then 1.4701 (low Apr.15). On the flip side, a break above 1.4861 (Kijun Sen) would open the door to 1.4880 (high Apr.15) and finally 1.4886 (high Apr.9).