By Robert Howard — Jan 06 - 03:51 AM
• Cable meets headwind around 1.2475 after extending north from 1.2353
• 1.2475 is ex-support point (Nov/Dec low). 1.2353 was nine-month low Thursday
• More offers expected circa 1.2500; cable held above 1.2500 from Dec 23-31
• 1.2507 was Dec 31 low. 1.2434 (Friday's high) is now a support level
• UK final services PMI index due at 0930 GMT; 51.4 f/c, as per flash estimate
• US employment report due on Friday; Dec NFP forecast at 160k (Reuters
poll)
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters