1.1866 is high water-mark for cable since Wednesday's 15-week low of 1.1805

That low was plumbed after U.S. JOLTS data beat; 10.8 million vs 10.5M f/c

U.S. jobless claims due 1330GMT; 195k f/c. NFP data due Friday; 205k f/c

Fed still up in the air on whether to accelerate rate hikes, Powell says

Offers expected by 1.19 if GBP/USD pushes recovery envelope. 1.1903 = 200DMA

BCC says UK to avoid recession this year. Jan GDP data due Friday, 0.1% f/c