The sterling is now gathering further traction, lifting GBP/USD to test daily highs near 1.4340. GBP/USD boosted post-UK data The pair is now advancing nearly a cent after earlier troughs in the vicinity of 1.4240, as GBP seems to have found extra legs in the wake of mixed results from UK’s labour market figures. In fact, despite UK’s wage growth remains subdued, employment figures showed the highest level since 1971. Next of relevance for the pair will be the US docket, with Industrial Production is taking centre stage ahead of the FOMC minutes. GBP/USD levels to consider As of writing the pair is up 0.21% at 1.4324 with the next hurdle at 1.4394 (20-day sma) followed by 1.4522 (38.2% Fibo of 1.5240-1.4079) and finally 1.4636 (55-day sma). On the other hand, a breach of 1.4200 (psychological level) would aim for 1.4171 (low Jan.26) and then 1.4147 (low Jan.29). For more information, read our latest forex news.