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14 May 2015
GBP/USD remains at highs after US data
FXStreet (Tokyo) - The British Pound remains at highs of the year versus the US Dollar after the US reported a better than expected jobless claims in the last week. Jobless claims 4-week averages fell to its lowest level in 15 years.
Earlier in the day, the GBP/USD rose 80 pips from 1.5735 to trade at highs since November 2014 at 1.5815 where the pair was sold. Currently, GBP/USD is trading at 1.5790, up 0.29% on the day, having posted a daily high at 1.5816 and low at 1.5729.
GBP/USD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish.
GBP/USD levels
If the pair extends declines below 1.5800, it will find supports at 1.5780, 1.5750 and 1.5730. To the upside, resistances are at 1.5815, 1.5860 and 1.5880.
Earlier in the day, the GBP/USD rose 80 pips from 1.5735 to trade at highs since November 2014 at 1.5815 where the pair was sold. Currently, GBP/USD is trading at 1.5790, up 0.29% on the day, having posted a daily high at 1.5816 and low at 1.5729.
GBP/USD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish.
GBP/USD levels
If the pair extends declines below 1.5800, it will find supports at 1.5780, 1.5750 and 1.5730. To the upside, resistances are at 1.5815, 1.5860 and 1.5880.