The GBP/USD currency pair is currently trading around 1.3435 during the Asian session on Friday, indicating a consolidation phase just above the weekly low revisited the previous day. This movement suggests a cautious sentiment among traders as they await the critical release of the US Non-Farm Payroll (NFP) report, which could significantly impact market dynamics.
As traders monitor the exchange rate, the focus remains on potential fluctuations driven by the NFP data. The performance of the USD in response to employment figures could provide fresh insights into economic conditions, influencing the GBP/USD pair's trajectory. Current trading activity reflects uncertainty, as participants position themselves ahead of this key economic indicator.
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Data Source: FX Killer Analysis Team Updated: 2026-01-09 01:42
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.