EUR/GBP, EUR/JPY hold above support while USD/JPY trades sideways ahead of US NFPs – IG Group

EUR/GBP and EUR/JPY are staying above their support levels, while USD/JPY is trading sideways as traders await the release of the US Non-Farm Payrolls (NFP) report. The EUR/GBP and EUR/JPY currency pairs are holding steady above their respective support levels, indicating some stability in the markets. On the other hand, the USD/JPY pair is moving sideways, showing a lack of clear direction. Traders are likely waiting for the NFP report to be released before making any major decisions. Overall, the forex market is relatively calm at the moment, with traders keeping a close eye on economic data releases for potential market movements.

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