GBPUSD has traded into support prior to the USD non farm payroll data, which measures the number of non agricultural jobs added in the US. Technically price has traded into structural support and the RSI has generated an oversold signal. We anticipate a bounce from this level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.