British data were presented on the work. It was assumed that the growth of the unemployed will be 4.300, 6.700, after the data came out at -2,400. No changes at the level of 5.1%, expected total unemployment rate (data in line with expectations), the March average earnings growth forecast of 1.7%, after 1.8%, data released at the level of 2.0%. Expectations were generally neutral.
The level of 1.4400 was protetsirovan and quotes have risen sharply and broke through 1.4560 area. By the close of the trading day the price fell slightly.
In the area of 1.4560 is the first support below - 1.4480. In the area of 1.4670 is the first resistance, above - 1.4760.
A buy signal is strong, and the unconfirmed. Price is above the Ichimoku cloud and above the line Chinkou-Span. Tenkan-sen and Kijun-sen demonstrate horizontal movement and form a "Golden Cross". The urgency of the upward movement will continue as long as the price is above the Ichimoku cloud.
The MACD histogram is in the positive zone. The price is rising.
Trading recommendations GBP / USD
Longovye operations GBP from 1.4670 Target relevant. If the quotes will be able to overcome this level, the level of 1.4760 will be the next target.
Source Fort Financial Services