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Sep 14 - 05:55 AM

GBP/USD - Buoyed By Surge In UK Employee Numbers

By Rob Howard  —  Sep 14 - 03:43 AM
  • Cable rises to 1.3874 as GBP benefits from strong UK employment data

  • See: nL8N2QG12M. 1.3874 is the highest level since Friday

  • Offers expected pre-1.39 if ascent extends (1.3888 was Friday's 1-week peak)

  • Strong UK jobs data underpins GBP-positive risk of BoE hike as early as Feb

  • BoE monetary policy announcement next week, with Pill in focus nL1N2QB0FR

  • Dodd-Frank architects call for 2nd term for Powell nL1N2QF2NHnL1N2QC0IG

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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