EUR/USD, EUR/GBP and GBP/USD bid ahead of US NFPs
EUR/USD, EUR/GBP and GBP/USD bid ahead of US non-farm payrolls which are expected to come in at 160k versus a previous 114k.
EUR/USD bounces back ahead of US NFPs
EUR/USD looks short-term bid ahead of US non-farm payrolls. The late August $1.1201 high now acts as resistance while Tuesday's low at $1.1027 acts as minor support. Below it lies the August 5 high at $1.1009.
EUR/GBP trades sideways
EUR/GBP seems to have a slight bullish bias above the June-to-July lows at £0.8398-to-£0.8378. If fallen through, the 2 August 2022 low at £0.8240 would be eyed, though.
Minor resistance continues to be seen along the 55-day simple moving average (SMA) at £0.8466.
GBP/USD shows minor bid
GBP/USD recovers further from Tuesday's $1.3088 low, below which lie the July 2023 peak at $1.3143 and the $1.3045 July high.
Resistance is seen around the $1.3267-99 February low and March 2022 high. It is also where the late August high was made.
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