Stronger US jobs sends the GBPUSD lower.
The GBPUSD is down after the better than expected US jobs data. That fall has sent the pair to a key cluster of support defined by the 100 hour MA, the 200 hour MA and the 50% of the move down from the Jan 25 high. That cluster comes in at 1.4154-632. Move below should open the door for a move toward the 1.4118 level.
Taking a broader view, if the dollar is turning, the 1.4005 was a key level on the way higher. The 1.4005 was the swing low from April 2016. The 1.4011 was the swing low from June 2016. The 38.2% of the move up from the 2018 low (Jan) comes in at 1.4005. Be aware....
