GBPUSD is currently around 1.4276 but I expect a bounce. Good Claimant Count Change numbers ( the first indication of the employment situation ) along with good Unemployment numbers could spike the price up towards POC 1.4385-95 (EMA89, L4, 50.0, historical breakout). There is also a bullish divergence that is aligned with good fundamental numbers.
If we get a bounce towards POC, we should see now moment sellers towards 1.4350 and 1.4275 again. Only the break below 1.4250 would tank the price down towards 1.4200 but it is hardly to happen now due to divergence and L5 weekly camarilla PP.
The analysis and the article presents Nenad's opinion. Remember, financial trading is highly speculative & may lead to the loss of your funds. Proper risk management is the Holy Grail of trading.
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