FXStreet (Edinburgh) - The sterling keeps the intraday range on Friday, with GBP/USD navigating sub-1.5000 levels.
GBP/USD muted post-data
The pair kept the composure following the results in the UK’s labour market during last month. In fact, the Claimant Count Change dropped by 20.7K vs. 28K expected and the unemployment rate ticked lower to 5.6% in the three months ended in March. Further data showed Average Earnings inc. Bonus at 1.7% and exc. Bonus at 1.8% vs. previous prints at 1.9% and 1.6%, respectively.
GBP/USD relevant levels
At the moment the pair is advancing 0.32% at 1.4982 with the next resistance at 1.4995 (high Mar.26) followed by 1.5000 (psychological level). On the flip side, a breakdown of 1.4861 (Kijun Sen) would open the door to 1.4813 (low Apr.16) and finally 1.4782 (200-h MA).