18 Feb 2015
GBP/USD through 1.54 on UK jobs data
FXStreet (Edinburgh) - The sterling keeps the buoyant tone after the release of the UK labour market figures, with GBP/USD surpassing the 1.5400 barrier.
GBP/USD firmer post data
The pair is looking to extend the intraday upside after the UK Claimant Count Change decreased by 38.6K during January, bettering estimates for a 25.0K drop; the ILO Unemployment Rate ticked lower to 5.7% in the three months ended in December, vs. 5.8% expected. Further data from the BoE minutes showed the MPC voted unanimously to keep the status quo in the monetary policy.
GBP/USD relevant levels
At the moment the pair is up 0.36% at 1.5413 with the next resistance at 15441 (high Feb.16) and then 1.5486 (low Dec.23). On the flip side, a breach of 1.5317 (low Feb.17) would aim for 1.5312 (10-d MA) and finally 1.5210 (low Feb.12).
GBP/USD firmer post data
The pair is looking to extend the intraday upside after the UK Claimant Count Change decreased by 38.6K during January, bettering estimates for a 25.0K drop; the ILO Unemployment Rate ticked lower to 5.7% in the three months ended in December, vs. 5.8% expected. Further data from the BoE minutes showed the MPC voted unanimously to keep the status quo in the monetary policy.
GBP/USD relevant levels
At the moment the pair is up 0.36% at 1.5413 with the next resistance at 15441 (high Feb.16) and then 1.5486 (low Dec.23). On the flip side, a breach of 1.5317 (low Feb.17) would aim for 1.5312 (10-d MA) and finally 1.5210 (low Feb.12).