FXStreet (Edinburgh) – The sterling is looking to leave daily lows in the 1.5300 neighbourhood and is pushing GBP/USD to the 1.5330/35 band.
GBP/USD looks to Payrolls
The pair has found decent support around 1.5300 the figure today, amidst a cautious tone in the global markets in light of the US Non-farm Payrolls. Previously, UK Consumer Inflations Expectations rose to 2.2%, up from the previous 1.9% advance.
Ahead in the session, US Payrolls are due with prior surveys pointing to a creation of 225K jobs during the month of May.
GBP/USD levels to consider
The pair is now losing 0.18% at 1.5336 with the next support at 1.5252 (low Jun.3) ahead of 1.5200 (psychological level) and then 1.5181 (low Jun.2). On the upside, a break above 1.5370 (high Jun.5) would open the door to 1.5441 (high Jun.4) and finally 1.5452 (Kijun Sen).
(Market News Provided by FXstreet)