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Sep 09 - 01:55 AM

GBP/USD - Sedate Start To A Data Filled Week

By Krishna K  —  Sep 08 - 11:50 PM
  • GBP/USD +0.1% in Asia, steadies after Friday's choppy price action

  • Upside limited on Wall St swoon, fading bets of a 50 bps Sep Fed rate cut

  • UK labour market loses steam in Aug, recruiters say; may lift BoE cut hopes

  • UK employment, wages, July GDP, industrial output, trade data due this week

  • U.S. CPI, China inflation, trade and monthly activity data also key

  • Asia range 1.3128-1.3142; support 1.3100-10, 1.3040-50, resistance 1.3180-90

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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