
Pound Crashes Below 1.35 on Tepid UK Jobs Data
The British pound crashed past 1.35 against the dollar after a lukewarm UK jobs report failed to convince markets, highlighting sterling's vulnerabili
Aug 18, 20264 min read0 reactions0 comments
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The British pound crashed past 1.35 against the dollar after a lukewarm UK jobs report failed to convince markets, highlighting sterling's vulnerabili

The British pound has stalled below a key level and entered a directionless pause, now completely untethered from UK politics for six weeks as Parliam

GBP/JPY is stuck between 218 support and a 219 breakout test, with yen intervention fears capping bulls.

GBP/USD has climbed for eight straight days, but 1.3400 and the 200-day EMA are the line bulls still need to break.

GBP/USD hit a 10-day high after a weak NFP print crushed Fed hike bets and knocked the Dollar lower.