EUR/USD, EUR/GBP and GBP/USD resume their ascents post strong US employment report
EUR/USD rises post NFP
The EUR/USD rally off the $1.0724-23 December and early-February lows has taken it to Thursday's $1.0876 high before giving back some of its recent gains around Friday's Non-Farm Payrolls.
The $1.0876 high was made marginally below the February highs at $1.0888 to $1.0897 which remain in focus. Potential slips should find support above or near the $1.0796-91 area.
Source: TradingView.com Source: TradingView.comEUR/GBP continues to rise
EUR/GBP is still gradually rising from its £0.8531 low and has the 200-day simple moving average (SMA) at £0.8605 in its sights.
A fall through the £0.8531 low would have bearish implications, though, and put the £0.8499 February low back on the cards.
GBP/USD looks bid
GBP/USD once more targets the 55-day SMA at $1.2668, having levelled out around the 200-day SMA on Friday. Above Thursday's high at $1.2684 lies the 22 February high at $1.271.
Minor support can be spotted at Friday's low at $1.2574.
Source: TradingView.com Source: TradingView.com