The pound fell against the USD after the release of the UK economic report. The UK's unemployment rate in December was 5.8%, lower than in the period since June to August 2014 (6.0%) and lower than a year earlier (7.1%). The British workers' labour pay grew faster than inflation in November. Today, the focus has shifted to the US unemployment data. The cable has been trading in a range between 1.5000 and 1.5275. The pair has the nearest strong resistance at 1.5265 and 20Dsma. Until the pair closes above 20Dsma, use every rise to sell. The pair has intraday resistance at 1.5165 and 1.5200. The panic will be triggered below 1.5000 towards 1.4830 and 1.4800. The hourly resistance exists at 1.5165, 1.5180, and 1.5200. The supports exists at 1.5125, 1.5100, and 1.5059.
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