GBP/USD Forecast. Pound Tested New Highs

forex_news_gbp_7GBP/USD moved higher as traders focused on job market data from the UK.

GBP/USD gained some ground as traders reacted to Unemployment Rate report from the UK. The report indicated that Unemployment Rate remained unchanged in February, in line with analyst consensus.

If GBP/USD stays above the resistance at 1.3180 – 1,3200, it will head towards the next resistance at 1.3300 – 1.3320.

GBP/USD 160425 4h Chart

GBP/USD

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