- GBP / USD with bullish bias, still unable to affirm above 1.3500.
- The pound advances against the euro, a key test that could give it more strength.
- US: Initial claims for unemployment benefits fall.
The GBP / USD jumped to 1.3516, the highest level since November 10, and then fell back to 1.3475. At the start of the American session it is approaching 1.3500, in positive territory for the second day in a row.
The pair maintains the bullish tone. If it affirms above 1.3500, the next strong resistance above the highs is at 1.3560. In the opposite direction, 1.3445 is immediate support followed by 1.3400.
The pound is holding strong against the dollar, and it is climbing against the euro. EUR / GBP is testing recent lows and breaking below 0.8380 could give the pound further momentum.
The dollar presents mixed results on Thursday and is moving without a clear direction. This may be a consequence of the low volume in the markets and due to end-of-the-month and year-end operations.
The US saw a drop in initial unemployment benefit claims to 198,000, and a decline in continued claims to the lowest since March 2020.
Technical levels
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