The GBP/USD advanced steadily for the fifth straight day and is eyeing the 1.3100 figure after data from the US Bureau of Labor Statistics (BLS) revealed that the US economy added 800K fewer Americans to the workforce.
GBP/USD extends its uptrend after bouncing off the 50-DMA at 1.2809, with RSI indicating strong bullish momentum. A break above 1.3100 targets the 2023 peak at 1.3142, with further gains possible toward 1.3200. If the pair retreats, support lies at the July 17 high of 1.3044, followed by the psychological 1.3000 level and August 13 high at 1.2872. The GBP/USD advanced steadily for the fifth straight day and is eyeing the 1.
3044, that would pave the way for a pullback. The psychological 1.3000 figure would be the next support, followed by the August 13 high at 1.2872. GBP/USD Price Action – Daily Chart British Pound PRICE Today The table below shows the percentage change of British Pound against listed major currencies today. British Pound was the strongest against the Australian Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.21% -0.46% -0.16% -0.20% 0.02% -0.12% -0.40% EUR 0.21% -0.26% 0.03% 0.00% 0.26% 0.08% -0.
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