Pound Sterling picks up following a post-NFP slump, returns above 1.2600

FXStreet Team FXStreet

GBP/USD picks up following a post-NFP slump, returns above 1.2600

The Sterling is regaining lost ground on Friday’s US session following a significant reversal, with a strong US employment report sending the Dollar soaring. The pair, however, remains practically flat in the weekly chat after having whipsawed over the last few days. Read More...

GBP/USD

Overview
Today last price	1.2635
Today Daily Change	-0.0008
Today Daily Change %	-0.06
Today daily open	1.2643

Trends
Daily SMA20	1.2691
Daily SMA50	1.2668
Daily SMA100	1.2665
Daily SMA200	1.2588

Levels
Previous Daily High	1.2684
Previous Daily Low	1.2635
Previous Weekly High	1.2668
Previous Weekly Low	1.2586
Previous Monthly High	1.2894
Previous Monthly Low	1.2575
Daily Fibonacci 38.2%	1.2654
Daily Fibonacci 61.8%	1.2665
Daily Pivot Point S1	1.2624
Daily Pivot Point S2	1.2606
Daily Pivot Point S3	1.2576
Daily Pivot Point R1	1.2672
Daily Pivot Point R2	1.2702
Daily Pivot Point R3	1.272

Pound Sterling slumps after upbeat US Nonfarm Payrolls data

The Pound Sterling (GBP) falls sharply to 1.2600 in Friday’s early American session. The GBP/USD pair weakens as upbeat United States Nonfarm Payrolls (NFP) data for March has boosted demand for the US Dollar. Read More...

GBP/USD Price Analysis: Bounces off bottom of range but soon stalls

GBP/USD has just bounced off the bottom of a medium-term consolidation range after forming a bullish Tweezer Bottom Japanese candlestick pattern.

The pair rose up strongly on Wednesday and Thursday but then hit stubborn resistance at the intersection of two major moving averages – the red 50-day and blue 100-day Simple Moving Averages (SMA) – and stalled. Read More...

Author

FXStreet Team

FXStreet

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Gold climbs to weekly tops, approaches $5,100/oz

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