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5 Jul 2013
GBP/USD dumps again
FXstreet.com (London) - GBP/USD has dumped a big figure on a much better than expected NFP’s.
GBP/USD has been taken lower, with the unemployment rate coming in slightly worse than expected at 7.6% vrs 7.5% consensus, while NFP’s has driven the pair to fraction away from the March lows, 1.4832, printing a 1.4857 low so far. The pair have caught the market by surprise, breaking key support areas and now the support comes in at 1.4780 as next stop and 2009
GBP/USD has been taken lower, with the unemployment rate coming in slightly worse than expected at 7.6% vrs 7.5% consensus, while NFP’s has driven the pair to fraction away from the March lows, 1.4832, printing a 1.4857 low so far. The pair have caught the market by surprise, breaking key support areas and now the support comes in at 1.4780 as next stop and 2009