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Oct 02 - 08:55 AM

GBP/USD - Holds Above 1.29 Before U.S. Jobs Report

By Rob Howard  —  Oct 02 - 07:15 AM
  • 1.2904 is low water-mark for cable since its London morning rise to 1.2952

  • Rise to 1.2952 was fuelled by news about Johnson/vdL and EU-UK talks to come

  • See: nL1N2GT0AH. 1.2835 = intra-day low just before 0500GMT on Trump news

  • Trump and his wife test positive for coronavirus nL1N2GT08VnL8N2GT18Q

  • M&A news: Billionaire British brothers and TDR buy WalMart's Asda for $8.8bn

  • See: nL8N2GT29W. U.S. Sept employment report due 1230GMT, NFP f/c 850k

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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