Cable rises to 1.2171 after data shows UK Jan employment up 102k vs Dec

Earnings ex-bonus up 6.7% vs 6.5% f/c; headline earnings up 5.9% vs 6.2% f/c

1.2171 is highest level since Thursday. 1.2135 was pre-UK data release low

Offers expected pre-1.22 if GBP/USD extends north (1.2193 was Thursday high)

1.2031 was Monday's low, before U.S. stock gains lifted risk-sensitive pound

U.S. CPI data due 1330 GMT; 0.5% MM, 6.2% YY f/c. Core f/c 0.4% MM, 5.5% YY