GBP/USD Analysis:
At one point, GBP hit a 1.5742, meaning the first attempt to breech the 1.574 resistance line. It also means next a consolidation ebfore the pound jump next to clear 1.574 to 1.59/1.6 level.
In today expectation, after a weak European job data, the market has resettled this morning at EMA21 level at 1.568/67 level, down from the peak 1.574.
The Eur has also peak and consolidate.
Support for the pound is at 1 hour retracement level at 1.5662/60 level. The long term up trend potential is there for the pound to jump back to 1.570 level.
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