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Jan 07 - 05:55 AM

GBP/USD - Holds Above 1.35 Before U.S. Jobs Report

By Rob Howard  —  Jan 07 - 04:01 AM
  • Cable holds above 1.3500 ahead of U.S. jobs data at 1330 GMT nL1N2TM20N

  • Bids just under 1.35 based the fall from Wednesday's 2-month peak of 1.3599

  • 1.3558 = subsequent high (which the 100-day moving average helped define)

  • Wednesday's 2-month peak was scaled before hawkish FOMC minutes lifted USD

  • Gilt yields up nS8N2QN057. UK Dec construction PMI due at 0930 GMT, 54 f/c

  • UK house prices rise at fastest rate since 2007 - Halifax nL8N2TN10A

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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