Cable holds above 1.2000 before U.S. ADP jobs report at 1315 GMT; 150k f/c

There is a decent size 1.2000 option expiry for the 10am ET NY cut

1.2000 is close to mid-point of 2023 range-to-date: 1.1900-1.2088

UK Dec final service PMI 49.9 vs 50 flash estimate (sub-50 = contraction)

U.S. inflation 'has not turned the corner yet', IMF's Gopinath warns - FT

See: nL1N33Q094. U.S. Dec inflation data due next week (Jan 12)