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Cable rallies post-US NFP release, data likely delays liftoff

Source: Thomson Reuters


  • GBP/USD rallies post-US NFP release, moves from pre-release 1.4840 to 1.4945, pullback to 1.4930

  • Fed seem off base with regard to employment outlook, liftoff likely delayed

  • GBP/USD resistance at 1.4945 today's high, 76.4% of 1.5008-1.474 move

  • Further resistance 1.5000/10 area high Mar 19-26, above 1.5155 Mar 18 high attracts

  • Market Data
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