FXstreet.com (Córdoba) - Dollar and Yen tumbled across the board following the release of the U.S. manufacturing ISM and pending home sales. GBP/USD jumped almost a hundred pips from 1.6355 to 1.6435 in a few minutes. Currently it trades at 1.6415/20, 0.10% above today's opening price. The pair is getting closer to intra-day high that lies at 1.6478. The next resistance is located at 1.6500 and above at 1.6580 (Oct 30 high).
U.S. Manufacturing ISM has risen to 55.7 in September, from 52.6 in September, well above the 53.3 reading expected by market analysts, with employment and Production sub-indexes increasing considerably on the month.