By Rob Howard — Sep 05 - 10:30 AM
Cable elicits fresh support by 1.3155 after dip on ISM services index beat
51.5 vs 51.1 f/c. 1.3155 was low after US jobless claims, productivity data
Subsequent rally topped out just shy of 1.3180, pre-ISM data release
1.3180 = September high, after dollar fell on US ADP jobs data miss
US jobs report due Friday at 1230 GMT; jobless rate forecast at 4.2%
Higher than expected US jobless rate might propel GBP/USD towards 1.3269
Source:
Refinitiv IFR Research/Market Commentary