The US negative employment data pushed the Pound to a 3 day low against the dollar breaking down the 1.5 level. The Nationwide HPI came out 0.1% worse than expected 0.3%. Breaking below the 1.4880 support level might push the pair lower. Overall, GBP/USD traded with a low of 1.4930 and with a high of 1.572. Today, the Manufacturing PMI is expected at 57.6 vs. 58 previously.

GBP/USD - Last: 1.4930

Resistance

1.5020

1.5080

1.5130

Support

1.4880

1.4850

1.4800

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