- GBP/USD had the worst daily close since mid-July as the pair is trading just above 1.3010 July 18 low.
- GBP/USD gained some bearish momentum this Thursday and the breakout below 1.3010 becomes almost bound to happen with bears looking at 1.2957, the current 2018 low.
- Investors will pay attention to the US Nonfarm Payrolls and the Average Hourly Earnings on Friday at 12:30 GMT which can potentially lead to further volatility in the currency pair.
Spot rate: 1.3017
Relative change: -0.85%
High: 1.3129
Low: 1.3015
Trend: Bearish
Resistance 1: 1.3049 June 28 low
Resistance 2: 1.3100-1.3076 area, figure and July 24 low
Resistance 3: 1.3155 former breakout point
Resistance 4: 1.3200 figure
Resistance 5: 1.3230 supply level
Resistance 6: 1.3250 June 4 high
Support 1: 1.3010 July 18 low
Support 2: 1.2957 current 2018 low
Support 3: 1.2900 figure
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