Pound Sterling

GBP/USD pulled back to 1.3432 after a recent high of 1.3506 as traders assessed divergent manufacturing data from the United States and the United Kingdom. Technical traders are watching 1.3300 and 1.3600 as the key near-term levels while attention shifts toward upcoming US nonfarm payrolls data.

The U.S. dollar softened after the latest nonfarm payrolls release as traders reassessed labor momentum, inflation pressure and the Federal Reserve policy path. EUR/USD held support near 1.1453, while GBP/USD remained supported around 1.3289 as technical traders watched whether buyers could extend the post-NFP move.

GBP/USD continues to consolidate within a rising channel as traders weigh a potential channel breakdown and double top against support strength near trendline.