GBP / USD – Bulls Eye Trend Highs Above 1.40 After NFP Miss 6:39 PM By Paul Spirgel

GBP / USD firm into weeks close, + 0.68% at 1.3988;  Fri range 1.40-1.3890

USD broadly lower after significant NFP data misses

Huge US payrolls miss leaves sterling bulls contemplating 1.40

GBP shrugs off tight Scottish election, awaits further results

Above the daily cloud top at 1.3903 bulls in control, res at Feb  26’s 1.4021

A close above 1.4021 puts 1.4105, 76.4% Fib of 1.424-1.367 in sharp focus

Bears need a dip below recent trend low 1.3803 to stall bullish tones

EUR / GBP + 0.14% to 0.8695, Fri’s range 0.87-0.8669;  moves USD based after NFP

EUR recovery picking up speed closing gap on vaccine rollout

Source: https://plus.efxdata.com/news/insights

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