GBP/USD short-lived jump; but final decline below 1.5100

FXStreet (San Francisco) - The Sterling rose to daily highs at 1.5175 versus the US Dollar as the initial reaction after the NFP; however the pair found selling interest at this level and currently it is falling below the 1.5100 area.

Currently, GBP/USD is trading at 1.5109, up 0.09% on the day, having posted a daily high at 1.5177 and low at 1.5077. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bullish.

GBP/USD levels

Below the 1.5100, the GBP/USD will find support at 1.5080 and 1.5030. To the upside, resistances are at 1.5150, 1.5175 and 1.5200.