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TDUX
Jun 05 - 03:55 AM

GBP/USD - Remains On A 1.34 Handle Pre-NFP; Burnham In Focus

By Robert Howard  —  Jun 05 - 02:37 AM

• Cable has traded on a 1.34 handle over the past week; 1.3407-1.3485

• 1.34185-1.3431 is Friday range-to-date. U.S. jobs report due at 1230 GMT

• May non-farm payrolls forecast at 85k; jobless rate forecast at 4.3%

• Labour's Burnham signals he would run in leadership contest against Starmer

• BBC says Survation poll showed Burnham on 49% support in Makerfield vs 39% Reform

• MPC's Dhingra (dove) to speak at 1340 GMT; BoE's Bailey speaks at 1800 GMT

GBPUSD


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters
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