GBP/USD is challenging the daily lows after the release of the US Non-Farm Payrolls (NFP). The monthly job report came in at 136K vs. 145K for September, while wages also disappointed at 2.9% vs. 3.2% forecast. GBP/USD daily chart The Sterling is trading in a bear trend below the 100 and 200-day simple moving averages (DSMAs). The US Non-Farm Payrolls came in at 136K vs. 145K for September, while wages also disappointed at 2.9% vs. 3.2% forecast. However, the Greenback is up across the board. GBP/USD four-hour chart GBP/USD is trading below its main SMAs, suggesting a bearish bias in the medium term. A break below 1.2280 can expose 1.2240/20 and 1.2160 resistances, according to the Technical Confluences Indicator. GBP/USD 30-minute The Pound/US Dollar exchange rate is trading below the main SMAs on the 30-minute chart, suggesting a bearish bias in the short term. Immediate resistances are seen at the 1.2340/60 and 1.2420 price levels, according to the Technical Confluences Indicator. Additional key levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Wall Street opens higher as sentiment recovers on US employment data FX Street 3 years GBP/USD is challenging the daily lows after the release of the US Non-Farm Payrolls (NFP). The monthly job report came in at 136K vs. 145K for September, while wages also disappointed at 2.9% vs. 3.2% forecast. GBP/USD daily chart The Sterling is trading in a bear trend below the 100 and 200-day simple moving averages (DSMAs). The US Non-Farm Payrolls came in at 136K vs. 145K for September, while wages also disappointed at 2.9% vs. 3.2% forecast. However, the Greenback is up across the board. GBP/USD four-hour chart GBP/USD is trading… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
