10 Jan 2014
GBP/USD closing in the 1.6480’s
FXstreet.com (Guatemala) - GBP/USD has flattened out sub the 1.65 handle on a day where Non Farm Payrolls took the shine out of the dollar.
Currently the pair is left like a plate spinning on a stick into the close of this weeks session and awaits traders reactions next week as the news becomes spoken about, digested and toyed with. Non Farm Payrolls reading which registered at 74k, against expectations of 196k, and 241k (revised) previous.
GBP/USD Levels
The 20 DMA is 1.6407, the 50 DMA is 1.6279 and the 20 DMA is 1.5727. Supports are ascending from 1.6339, 1.6374, 1.6395. Spot is 1.6484 and resistances are 1.6503, 1.6558, 1.6580 and 1.6605.
Currently the pair is left like a plate spinning on a stick into the close of this weeks session and awaits traders reactions next week as the news becomes spoken about, digested and toyed with. Non Farm Payrolls reading which registered at 74k, against expectations of 196k, and 241k (revised) previous.
GBP/USD Levels
The 20 DMA is 1.6407, the 50 DMA is 1.6279 and the 20 DMA is 1.5727. Supports are ascending from 1.6339, 1.6374, 1.6395. Spot is 1.6484 and resistances are 1.6503, 1.6558, 1.6580 and 1.6605.