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GBP/USD steps back from delayed reaction above 1.3100
Earlier this morning an update here noted the rather perplexing reaction in the Pound to the really quite decent UK jobs report. Well, following that update, the GBP/USD did make some progress, rising back above the 21 day moving average, at 1.2082. The move higher extended to 1.3108, but it has backed off again now and it is threatening that 21 day moving average once more. So, it remains to be seen, if this price point will now attract support as the day unfolds. Certainly it seems that way so far. The GBP/USD is right now trading at 1.3084
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