9 Jan 2015
Today’s NFP might have a catalytic effect on Cable – Investec
FXStreet (Barcelona) - According to the Team at Investec, today’s US NFP print might be the catalyst GBP/USD needs to make a move below the key 1.5000 level.
Key Quotes
“The Bank of England monetary policy meeting came and went with no market reaction as the committee stayed on hold with no material statement to the markets. The pound still trades above the psychological $1.5000 support level heading into today's US jobs report, with a strong Non-Farm Payroll a potential catalyst for a break of the big level later today.”
Key Quotes
“The Bank of England monetary policy meeting came and went with no market reaction as the committee stayed on hold with no material statement to the markets. The pound still trades above the psychological $1.5000 support level heading into today's US jobs report, with a strong Non-Farm Payroll a potential catalyst for a break of the big level later today.”