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USD selling lifts GBP, GBP/USD eyes resistance by 1.4870 pre-NFP

Friday, April 3, 2015 12:29 PM UTC

Source: Thomson Reuters

Spate of USD selling lifts GBP from 1.4825 to 1.4866, then pares some gains to 1.4845
1.4870 area has seen significant offers since Mar 31
USTs rally back to flat on the day ahead of US NFP data release
Resistance ahead at 1.4885 the 21-DMA, then 1.4990/00 late Mar high area
Support lies at 1.4812 today's low, followed by 1.4740 the Apr 1 low

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USD selling lifts GBP, GBP/USD eyes resistance by 1.4870 pre-NFP

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