By Rob Howard — Mar 10 - 02:25 AM
Cable rises to 1.1952 on UK Jan GDP data beat; up 0.3% vs 0.1% forecast
1.1952 is highest level since Tuesday (1.1805 was Wednesday's 15-week low)
Jan GDP beat is boost for hawks advocating another BoE rate hike on March 23
1.1939 was Thursday's high, after higher than expected U.S. jobless claims
U.S. employment report due at 1330 GMT; Feb NFP f/c 205k (Reuters poll)
Money markets currently see about 50% chance of 50 bps Fed hike on March 22
Source:
Refinitiv IFR Research/Market Commentary