By Rob Howard — Sep 05 - 05:50 AM
Cable rises to eye 1.3175 pre-US data, starting with ADP report at 1215 GMT
145k f/c. Claims 1230 GMT; 230k f/c. ISM services index 1400 GMT, 51.1 f/c
1.3175 was Wednesday's Sept high, after USD fell on sub-forecast JOLTS data
Resistance levels beyond 1.3175 include 1.3200 (Aug 30 high) and 1.3269
UK firms expect selling price pressure to cool but not wages, survey shows
UK construction PMI 53.6 vs 54.9 f/c. 1.3088 marks Sept low for GBP/USD
Source:
Refinitiv IFR Research/Market Commentary