USA Iran Tensions

GBP/USD remains under bearish pressure after failing above 1.3650 and sliding through a sequence of technical breakdowns. Traders are watching 1.3520 as a pivotal resistance area ahead of major US labor market data.

AUD/USD has climbed since late June, helped by relative Australian dollar strength after an earlier US dollar-led slide. Technical traders are watching whether resistance near 0.7027 and 0.7042 caps the move or a deeper reversal develops toward 0.6364.