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Jan 10 - 08:36 AM
GBP/USD - Awaits U.S. Jobs Report After Dovish Tenreyro Steer
First appeared on eFXplus on Jan 10 - 06:15 AM
  • 40 pip range for cable thus far Friday, 1.3050-1.3090, pre-U.S. jobs report

  • NFP f/c 164k at 1330GMT: beat could depress GBP/USD towards 1.3005 (55DMA)

  • Bids ahead of the 55DMA based pair after GBP fell on dovish Carney Thursday

  • Tenreyro says rate cut possible in "coming months" nS8N26U04HnS8N26U04G

  • Probability of Jan 30 BoE rate cut up to 25% vs 5% pre-Carney nL1N29F05O

  • 1.3090 is high since Thursday's 1.3014 low (low since Dec 27) nL1N29F04M

GBPUSD: Click here

Source:
Refinitiv IFR Research/Market Commentary

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