Cable holds above 1.2300 after hitting 1.2345 in Asia (high since June 17)

1.2300 was pre-weekend peak (following drop to 1.2137 on U.S. NFP beat)

Risk-sensitive pound supported by easing COVID curbs in China nL1N32U016

China shares push higher, with Hang Seng up 4% (after 6.3% gain last week)

1.24 is GBP/USD resistance level beyond 1.2345 (1.2405 was June 17 high)

Fed and BoE rate decisions next week: 50 bps hikes expected from both