6 Dec 2013
GBP/USD oscillating 30 pips post NFP’s
FXstreet.com (London) - GBP/USD went 1.6293 and then 1.6395 on the same hourly stick and is currently trading 1.6360 post NFP’s and the November Unemployment rate.
The NFP’s number printed 230k vs a consensus of 180k while the Unemployment Rate printed 7% vs 7.2% consensus. The pair is currently oscillating in a 30 pip range around 1.6360 but slightly offered due to the Michigan consumer sentiment index beating expectations at 82.5 vs 76.0 consensus.
GBP/USD Levels
The 20 DMA is 1.6187, the 50 DMA is 1.6125 and the 200 DMA is 1.5563. RSI (14) reads 60.11. Supports are ascending from 1.6198, 1.6215, 1.6260, and 1.6300. Spot is 1.6340 with resistances at 1.6403, 1.6425,1.6443 and 1.6455.
The NFP’s number printed 230k vs a consensus of 180k while the Unemployment Rate printed 7% vs 7.2% consensus. The pair is currently oscillating in a 30 pip range around 1.6360 but slightly offered due to the Michigan consumer sentiment index beating expectations at 82.5 vs 76.0 consensus.
GBP/USD Levels
The 20 DMA is 1.6187, the 50 DMA is 1.6125 and the 200 DMA is 1.5563. RSI (14) reads 60.11. Supports are ascending from 1.6198, 1.6215, 1.6260, and 1.6300. Spot is 1.6340 with resistances at 1.6403, 1.6425,1.6443 and 1.6455.