Sterling running with the data

Author: Ryan Littlestone | Category: News

Author: Ryan Littlestone

1.5500 under pressure in GBP/USD with the positive jobs number although the unemployment rate remaining unchanged will emphasise the low rate forward guidance.

1.5500 goes and posts a high of 1.5506. 1.5523 the first point of decent resistance being the 200 dma and Dec 2012 trendline.