FXStreet – The initial upward movement of the Sterling faded, while the UK PMI construction is surprisingly good, was yet traded the GBP/USD at the day low of 1.2860.
GBP/USD is now waiting for U.S. data
The Cable is in the Defensive, even though the UK construction PMI of 53.1 gained previously to 56.0.
The Couple was able to book 4 days in a row of profits, which are now reversed. The reason for the GBP, the weakness is that the projection of the Conservative party to the Labour prior to the elections on may 8. June decreases.
From the other side of the pond waiting for us today, the US NFP, the in may at 185K lie, and the unemployment rate is forecast unchanged at 4.4%.
GBP/USD to test levels
Currently, the daily loss -0,16% in 1,2862 and the next supports is at 1,2770 (Deep 31. May), 1,2758 (Deep 21. April) and 1.2738 steel (55-day SMA). On the other hand, supports are located at 1,2918 (20-day SMA), 1,2921 (31-day SMA) and 1,2949 (High-26. May).
** FXStreet News Editorial, FXStreet**