GBP/USD bulls approach 1.2150 ahead of UK employment, US inflation figures

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GBP/USD bulls approach 1.2150 ahead of UK employment, US inflation figures
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GBP/USD bulls approach 1.2150 ahead of UK employment, US inflation figures – by anilpanchal7 GBPUSD Employment Inflation BOE Fed

Optimism surrounding an end to the UK’s labor strike, pullback in US dollar underpin Cable’s rebound.UK jobs report appears important amid workers’ agitation, US CPI is the key.marches towards 1.2150 while extending the week-start rebound from the key technical support to early Tuesday morning in Asia. In doing so, the Cable pair cheers the broad US Dollar pullback, as well as the risk-on mood, amid positive catalysts emanating from the UK.

BoE’s Haskel crossed wires while speaking in an interview with The Overshoot as he cited a rise in activity in the UK labor market. BoE’s Haskel also mentioned, “I would prefer to make policy with much more attention on the data flow over the next few months.”

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