By Paul Spirgel — Dec 05 - 11:35 AM
GBP$ firm into London cls, +0.4% at 1.2752; Thursday range 1.2771-1.2696
USD broadly weak despite front-end UST yield rise, mixed US claims data
Focus shifts to US NFP on Friday for clues on speed, depth of Fed policy
Trump trade unwinding, Fed & BoE on similar policy path sees shorts covering
UK not on Trump's tariff radar as econ service based shields UK trade
GBP$ res 1.2761 50% of 1.3046-1.2475, 1.2771 Thursday high, 1.2821 200-DMA
Supt 1.2696 Thursday low, 1.2657 rising 10-DMA, 1.2619 Dec 2 low
Source:
London Stock Exchange Group | Thomson Reuters