USD moves higher after jobs report
The GBPUSD has moved to a new session low as the dollar gets a boost after the US jobs report showed a surprise tumble and the unemployment rate to 8.4% (estimate 9.8%).
Looking at the hourlly chart, the price high on the current bar has seen a stall at the 200 hour MA (green line) at 1.32777. That is a bearish tilt for the pair. The price is also below the 50% at 1.32672. The high corrective price after the jobs report reached 1.3263.