GBP/USD had a rough day, but the major support at the 1.58 level did in fact hold. The 200 day EMA is sitting just under the market currently, so it looks like the selling of this pair could be difficult. However, today is Non-Farm Payroll Friday in the United States, so anything is possible.
The GBP/JPY pair fell for most of the session, but managed to bounce back and form a hammer, right at the 130 level.....interesting place to see support hold. NFP will certainly move the needle on this one.
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