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GBP/USD Forecast: Eyes 1.52 on a weak NFP number

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The GBP/USD stayed comatose around 1.4940 levels in the European session on Thursday even though the UK PMI manufacturing number printed higher than estimate. The pair spiked in the early US session on a broad based USD sell-off triggered by a sharp rise in the EUR/USD pair. EUR bears were left disappointed by the “not so dovish” stance of the ECB. The main event for the day is the US December non-farm payrolls discussed here ( GBP/USD Forecast: Non-farm Payrolls impact on GBP/USD ) Technicals

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