By Rob Howard — Mar 09 - 06:40 AM
Cable threatens 1.1904 (200DMA) after pushing recovery envelope from 1.1805
1.1805 was Wednesday's 15-week low (following U.S. JOLTS data beat)
Rise from 1.1805 aided by Powell keeping door to 25 bps hike slightly ajar
U.S. jobless claims due 1330 GMT; 195k f/c. NFP data due Friday; 205k f/c
1.1924 (March 2 low) and 1.1966 are GBP/USD resistance levels beyond 200DMA
Biden challenges Republicans with budget that raises taxes, sets up 2024 run
Source:
Refinitiv IFR Research/Market Commentary