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GBPUSD News

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Last Updated Date: 1 April 2022 @ 6:13 AM (UTC)
*Please note that all the dates are in GMT time zone

The dollar was up on Friday morning in Asia, extending a rally against the yen. Investors now await the latest U.S. jobs report that could indicate the probability of a U.S. Federal Reserve interest rate hike in May 2022.

The GBPUSD market is signaling a short term peaking turnover and warns for selloffs back under 1.3071, when broken 1.3000. Trade is poised to extend selloffs the next few days. Any corrections trapped under 1.3200 will stay aligned for selloffs. 

Resistance 2       1.3197
Resistance 1       1.3155
 
Support 1            1.3111
Support 2            1.3070

 
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