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The Aussie dollar is currently trading near 0.7225, having hit a high of 0.7238 earlier today. Notably, the pair is having a tough time scaling the 100-hour SMA lined up at 0.7232, as mixed Chinese data dump does little to lift the sentiment around the AUD. 

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Yohay Elam

GBP/USD tumbled down at the wake of the new week but recovered some of its losses. It was all about Brexit that remains in the spotlight, but also about the British jobs report. What levels should we watch?

The Technical Confluences Indicator shows that cable has some support around 1.2875 which is the convergence of the Bollinger Band 15m-Middle, the Fibonacci 38.2% one-day, the previous hour's low, the Simple Moving Average 5-15m, and the SMA 10-15m.

Below, substantial support awaits at 1.2832 where we see the Fibonacci 23.6% one-month, the Bollinger Band 1h-Lower, and yesterday's low.

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