By Rob Howard — Dec 16 - 11:40 AM
Cable eyes 1.2700 after rallying off 1.2635 (post-US ISM services beat low)
1.2700 is a former support point (stops sub-1.2700 were tripped last week)
Pound also stronger vs euro; EUR/GBP down to eye 0.8270 (Thursday's high)
GBP underpinned by expectation of BoE rate hold this week, by 8-1 vote
UK jobs/pay data due Tuesday at 0700 GMT; pay growth rise to 4.6% forecast
UK inflation data ensues on Wednesday; services CPI forecast at 5.1% YY
Source:
London Stock Exchange Group | Thomson Reuters