4 Apr 2014
GBP/USD sell rumour buy the fact
FXStreet (Guatemala) - Currently, GBP/USD is trading at 1.6589, down -0.05% on the day, having posted a daily high at 1.6608 and low at 1.6554.
GBP/USD has spent the entire week building up to the jobs numbers from the US and today brings about profits for the ‘smart money’ who had anticipated the data coming in line with the Feds requirements in order to continue on its tapering regime.
GBP/USD Levels
Current price is 1.6595, with resistance ahead at 1.6598 (Daily Open), 1.6599 (Weekly Low), 1.6604 (Hourly 200 SMA), 1.6605 (Daily 20 SMA) and 1.6608 (Daily High). Next support to the downside can be found at 1.6588 (Hourly 20 EMA), 1.6585 (Weekly Classic PP), 1.6570 (Yesterday's Low), 1.6559 (Daily Classic S1) and 1.6554 (Daily Low).
GBP/USD has spent the entire week building up to the jobs numbers from the US and today brings about profits for the ‘smart money’ who had anticipated the data coming in line with the Feds requirements in order to continue on its tapering regime.
GBP/USD Levels
Current price is 1.6595, with resistance ahead at 1.6598 (Daily Open), 1.6599 (Weekly Low), 1.6604 (Hourly 200 SMA), 1.6605 (Daily 20 SMA) and 1.6608 (Daily High). Next support to the downside can be found at 1.6588 (Hourly 20 EMA), 1.6585 (Weekly Classic PP), 1.6570 (Yesterday's Low), 1.6559 (Daily Classic S1) and 1.6554 (Daily Low).