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Jobs data helps GBP

There hasn’t been a lot of change since yesterday’s update apart from support for GBP pairs on the back of upbeat jobs data. Most charts show consolidation activity on low or declining momentum.

 

Data: Watch today with the RBNZ rate update on Remembrance Day / Veterans Day.

 

Earnings:

 

CSI daily: note how the GBP is hot on the heels of the NZD:

 

DXY daily: an indecision day near the recently broken trend line:

 

Trend line breakouts:

GBP/USD 4hr: a TL b/o above 1.32 for up to 70 pips BUT watch 1.33 for any new make or break:

 

GBP/JPY 4hr: this TL is up to 280 pips BUT watch 140 for any new make or break:

 

Other markets:

S&P500 4hr: consolidating on low momentum BUT watch 3,550 for any new make or break:

 

ASX-200 4hr: consolidating on low momentum BUT watch 6,400 for any new make or break:

 

Gold 4hr: consolidating on low momentum BUT watch $1,875 for any new make or break:

 

EUR/USD 4hr: consolidating on low momentum BUT watch 1.18 for any new make or break:

 

AUD/USD 4hr: consolidating on low momentum BUT watch 0.73 for any new make or break:

 

AUD/JPY 4hr: consolidating on low momentum BUT watch 77 for any new make or break:

 

NZD/USD 4hr: consolidating on low momentum BUT watch 0.68 for any new make or break; especially with today’s RBNZ rate update: