Yesterday's trading session did not result in major price movements.
In result of previous trading session, the currency rate made a rebound from combined resistance formed by the weekly and monthly PP near the 1.1800 mark.
The Labour Department stated that the US job openings cooled unexpectedly in the month of October from a record-high registered previously.
The Labour Department stated that the US job openings cooled unexpectedly in the month of October from a record-high registered previously.
The US employment grew at a strong pace in November, confirming the country's healthy economic state, which analysts see not requiring the Donald Trumps' proposed fiscal stimulus, even with the moderate pay growth.
The Sterling edged lower against the US Dollar on the report showing mixed Britain's manufacturing and trade figures.
During previous trading session the pair did not make any significant advances.
In result of previous trading session, the currency rate made a rebound from support zone located between the 1.1730 and 1.1722 marks.
In result of previous trading session the exchange rate has managed to break through the bottom edge of a large descending channel.
During previous trading session the Dollar continued to gain value against the Euro, fluctuating in a junior falling wedge formation.
Halifax report showed that the UK house prices increased more than anticipated 0.5% in November, while the yearly pace of growth slowed to 3.9% from 4.5% in the prior month.
The Sterling was little changed against the Greenback, following the UK housing price growth data from Halifax.
The US private sector created 190K jobs in November, down strongly from the prior month, but in line with projections, the ADP report indicated, ahead of more comprehensive the US Labour Departments figures to be issued on Friday.
The US private sector created 190K jobs in November, down strongly from the prior month, but in line with projections, the ADP report indicated, ahead of more comprehensive the US Labour Departments figures to be issued on Friday.
The buck is continuing to gain value against the gold in a junior falling wedge formation.
In result of the previous trading session the currency rate has formed the falling wedge formation.
The main result of the previous trading session is that the pair managed to break through the bottom boundary of a one-year long ascending channel.
Positive sentiment related to the upcoming talks between the US House and Senate pushed the rate to the monthly PP yesterday.
The Institute for Supply Management stated that its non-manufacturing PMI for the US fell to 57.4 in November, compared with 60.1 in October, suggesting that the services sector's growth slowed due to moderation in both export and new orders.
The Sterling was little changed against the US Dollar on the UK Services PMI data, though the report managed to sustain the exchange rate above the 1.3400 level.
In line with expectations, the pair continued to move horizontally near resistance zone located at 1,276.00.
Despite the US Senate vote on tax reform, the Dollar did not manage to gain much value yesterday.
The Greenback made the last attempt to rise against the Yen before falling sharply on non-negative US economic data. The USD/JPY added 5 base points, ahead of the sharp fall to the 111.74 area. However, bulls put the pair back to the pre-data level of 112.60.
The British Pound was slightly higher against the US Dollar on the release showing stronger activity in the country's construction sector.