GBP/USD reaches below 1.1850

Note: This section contains information in English only.
Source: Dukascopy Bank SA


On Thursday, the US Dollar strengthened due to better than expected US Unemployment Claims and ADP Non-Farm Employment data. By the middle of Friday's trading, the follow up decline had reached below 1.1850 and was located near the weekly S2 simple pivot point's support at 1.1839.

If the Pound continues to decline against the US Dollar it might find support in the 1.1800 level, before reaching the support zone at 1.1760/1.1780. This support zone kept the rate up during late November trading.

Meanwhile, a potential recovery of the currency pair could encounter resistance in the 1.1850 level. Afterwards, the 1.1900 mark might act as resistance. In the meantime, note that the weekly S1 simple pivot point acted as resistance during the night from Thursday to Friday at 1.1936.
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Fri, 06 Jan 2023 12:05:30 GMT

USD/JPY reaches 134.50

On Thursday, the US Dollar strengthened due to better than expected US Unemployment Claims and ADP Non-Farm Employment data. The following surge had reached the late December high level zone 134.50. A move above the resistance zone could be slowed down by the 135.00 and 135.50 levels. Higher above, note the weekly R3 simple pivot point at 135.84. On the other

Fri, 06 Jan 2023 11:49:11 GMT

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