The latest US non-farm payroll data rolls out at 13.30 GMT
After a cautious morning we’re seeing some USD demand again as US traders arrive at their desks
GBPUSD is testing 1.4580 support/demand after failing to hold gains above 1.4600-25 and rally sellers have once again found virtue in being patient. I’ve been saying for a while that there is room in this market for both bears and bulls and I’ve chosen to be a rally-seller whilst recognizing/respecting those buying dips too. The trend though has been firmly down.
Markets poised for stronger NFP data but are USD bulls already ahead of themselves?
