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GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying 
The GBP/USD has slipped back sharply, to trading in lower range, shedding more than 150pips to hit low at 1.4170 levels as the British pound weakened after better than expected Non-farm payrolls data.
- The cable is currently trading around 1.4386 levels, persistence uncertainty on Britain’s exist from Eurozone is set to weigh on the currency pair in comings days.
- Technically the RSI in the 4 hour chart is indicating downwards at 32, meanwhile the 55, 30 and 20 MA’s are indicating towards lower side. Overall the technical indicators are depicting further downtrend for this pair.
- To the upside, the strong resistance can be seen at 1.4212, a break above this level would expose the cable to next resistance level at 1.4266.
- To the downside immediate support can be seen at 1.4168, a break below at this level will open the door towards next level at 1.4107.
Support levels: S1-1.4168, S2- 1.4107,S3-1.4065
Resistance levels: R1-1.4212, R2- 1.4266, R3-1.4330
