U.S. Dollar Index gains ground as traders react to the Initial Jobless Claims report. The report showed that 215,000 Americans filed for unemployment benefits in a week, compared to analyst forecast of 225,000.
If U.S. Dollar Index manages to settle back above the 99.50 level, it will head towards the nearest resistance level, which is located in the 100.20 – 100.40 range.
GBP/USD gained some ground as traders remained focused on trade wars and reacted to U.S. economic reports.
A move above the 1.3250 level opens the way to the test of the nearest resistance level, which is located in the 1.3300 – 1.3320 range.
GBP/USD 180425 4h Chart
