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8 May 2015
GBP/USD falls below 1.5400 after NFP mixed data
FXStreet (Tokyo) - The British Pound is losing ground against the US Dollar following the mixed US employment data report that informed that United States added 223K new payrolls in April; however, March's number was revised 41K down to 85K.
The GBP/USD initially tested up the 1.5460 level, but then, the British Pound was sold at this level and it was launched down below 1.5400 against the US dollar. Now the GBP/USD is heading to 1.5350.
British Pound to Dollar levels
If the GBP/USD extends declines below 1.5350, it will find supports at 1.5335 and 1.5300. To the upside, resistances are at 1.5400, 1.5450 and 1.5500.
The GBP/USD initially tested up the 1.5460 level, but then, the British Pound was sold at this level and it was launched down below 1.5400 against the US dollar. Now the GBP/USD is heading to 1.5350.
British Pound to Dollar levels
If the GBP/USD extends declines below 1.5350, it will find supports at 1.5335 and 1.5300. To the upside, resistances are at 1.5400, 1.5450 and 1.5500.