{"id":39746,"date":"2014-01-22T07:39:20","date_gmt":"2014-01-22T12:39:20","guid":{"rendered":"http:\/\/countingpips.com\/?p=39746"},"modified":"2014-01-22T07:39:20","modified_gmt":"2014-01-22T12:39:20","slug":"gbpusd-jumps-forex-trading-uk-unemployment-rate-falls-7-1","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2014\/01\/22\/gbpusd-jumps-forex-trading-uk-unemployment-rate-falls-7-1\/","title":{"rendered":"GBPUSD jumps in Forex Trading as UK unemployment rate falls to 7.1%"},"content":{"rendered":"

2014.01.22 13:30 6:30AM ET | GBPUSD Currency Pair<\/b><\/p>\n

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Here are the Pivot Points Levels with Support (S) and Resistance (R) for the GBPUSD currency pair today. Price action is currently trading sharply over the daily pivot point at the 1.65485 price level, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.65507 while the low of day has reached to 1.64495. The pair earlier today opened the Asian trading session modestly above the daily pivot and has spiked higher to above the R2 resistance level on the news of better than expected employment data. The UK unemployment rate fell to 7.1% from 7.4% previously and beat the market expectations of a dip to the rate of 7.3% unemployment.<\/p>\n

Daily Pivot Point:<\/b> 1.64527
\n— S1 – 1.64207
\n— S2 – 1.63662
\n— S3 – 1.63342
\n— R1 – 1.65072
\n— R2 – 1.65392
\n— R3 – 1.65937<\/p>\n

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Weekly Pivot Points: GBPUSD <\/b><\/p>\n

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Prices are currently trading over the weekly pivot point at time of writing. The GBPUSD has been on an overall bullish trend this week after opening the trading week virtually on top of the weekly pivot.<\/p>\n

Weekly Pivot Point:<\/b> 1.64123
\n— S1 – 1.63177
\n— S2 – 1.62135
\n— S3 – 1.61189
\n— R1 – 1.65165
\n— R2 – 1.66111
\n— R3 – 1.67153<\/p>\n

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By CountingPips.com<\/b> – Forex Trading<\/a> Apps & Currency Trade Tools<\/p>\n

Disclaimer: Foreign Currency trading and trading on margin carries a high level of risk and volatility and can result in loss of part or all of your investment. All information and opinions contained do not constitute investment advice and accuracy of prices, charts, calculations cannot be guaranteed.<\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

2014.01.22 13:30 6:30AM ET | GBPUSD Currency Pair Here are the Pivot Points Levels with Support (S) and Resistance (R) for the GBPUSD currency pair today. Price action is currently trading sharply over the daily pivot point at the 1.65485 price level, according to data at 6:30 AM ET. The GBPUSD high for the day … <\/p>\n

Continue reading “GBPUSD jumps in Forex Trading as UK unemployment rate falls to 7.1%”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-39746","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/39746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=39746"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/39746\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=39746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=39746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=39746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}