5 Dec 2014
GBP/USD calm ahead of key US job numbers – MP
FXStreet (Barcelona) - Kenny Fisher, Currency Analyst at MarketPulse, notes that GBP/USD is calm ahead of the US job numbers, trading slightly below 1.57 levels.
Key Quotes
“GBP/USD lost ground in Asian trade, testing support at 1.5624. The pair reversed directions late in the Asian session and has erased the earlier losses, as it continues to post gains in European trade.”
“1.5717 is a weak resistance line. 1.5864 is stronger.”
“On the downside, 1.5644 is under strong pressure. 1.5505 is next”
Key Quotes
“GBP/USD lost ground in Asian trade, testing support at 1.5624. The pair reversed directions late in the Asian session and has erased the earlier losses, as it continues to post gains in European trade.”
“1.5717 is a weak resistance line. 1.5864 is stronger.”
“On the downside, 1.5644 is under strong pressure. 1.5505 is next”