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Forex pairs in this Article » GBP/USD
GBPUSD has finally managed to push above 1.6200 after close to a day of ranging just below the psychological level.

Admittedly, it took the combination of two heavy hitting economic events, Non-Farm Payrolls and US Unemployment, to do the heavy lifting but spot got there in the end. Whether or not the move is sustainable or not is a different question. NFP's came in just shy of forecasts at 114k/115k and the Unemployment Rate fell to 7.8% against expectations of 8.2%. Elsewhere Canadian unemployment gradually rose to 7.4% against 7.3% expected and the net change in Canadian employment climbed to 52.1k/10k expected.

Spot made a high at 1.6214 and is currently trading at 1.6197 but price action looks unsettled in direction just yet. Elsewhere, European stocks are pushing higher whilst commodities look to be slowly moving off their lows. US futures are up ahead of the US open.
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