Cable jumped to 1.2655 intra-day high as Powell spoke, then swoons to 1.2573

Powell: Fed to "proceed carefully as we decide whether to tighten further"

1.2568 is 8 pips shy of the 10-week low in Asia. 1.2628 was pre-Powell high

U.S. August employment report due next week (Friday September 1)

Markets currently see 18% chance of Fed rate hike in Sept FEDWATCH