By Robert Howard — Mar 07 - 07:14 AM
• Cable holds above 1.2900 as it consolidates gains before U.S. jobs report
• 1.2900 is ex-resistance level. 1.2943 = four-month top during London morning
• Feb NFP forecast at 160k, jobless rate forecast at 4%. Data due at 1330 GMT
• NFP miss might spur further selling of USD. Powell due to speak at 1730 GMT
• EUR/GBP up to threaten 0.8411 (Thursday high) as EUR/USD outperforms GBP/USD
• Cross was sub-0.83 before euro jumped on Germany's fiscal "bazooka" news
GBPUSD
EURGBP
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters
