Pound continues downward correction against the dollar during today's trading. Currency pair GBP / USD retreated from multi-year high amid heightened tensions in Ukraine. Also, market participants cautious expect news from the U.S., which puts additional pressure on the GBP.
Deterioration Purchasing Managers Index for the construction sector in the UK has made sentiment against the pound more pessimistic . In European trading quotes GBP / USD fell to a fresh 2 - day low of 1.6864 ( -0.14 %). Now all the attention is aimed at traders statistics from the U.S. . Economists suggest that the number of people employed in the agricultural sector could grow by 210 thousand people . In this case, the indicator would be the best for the last 5 months.
Recall that in March recorded 192 thousand people .Technical prospects pair GBP / USD " Despite the weakening of the positive indicators , the dominant trend remains" bullish . " Break of 1.6920 mark will show up for further growth in the area of 1.6960 and then to 1.7000 key level , "- says a leading analyst FXStreet. According to the expert , " on the other hand , break of 1.6840 down strengthen downward potential of the couple and probably direct quotes to 1.6780 zone . However, only a sustained breakdown of this level will indicate the possibility of a further fall in the coming days . "
Deterioration Purchasing Managers Index for the construction sector in the UK has made sentiment against the pound more pessimistic . In European trading quotes GBP / USD fell to a fresh 2 - day low of 1.6864 ( -0.14 %). Now all the attention is aimed at traders statistics from the U.S. . Economists suggest that the number of people employed in the agricultural sector could grow by 210 thousand people . In this case, the indicator would be the best for the last 5 months.
Recall that in March recorded 192 thousand people .Technical prospects pair GBP / USD " Despite the weakening of the positive indicators , the dominant trend remains" bullish . " Break of 1.6920 mark will show up for further growth in the area of 1.6960 and then to 1.7000 key level , "- says a leading analyst FXStreet. According to the expert , " on the other hand , break of 1.6840 down strengthen downward potential of the couple and probably direct quotes to 1.6780 zone . However, only a sustained breakdown of this level will indicate the possibility of a further fall in the coming days . "