Cable elicited support pre-1.2000 after extending south from 1.2140

Profit-taking on short positions aids subsequent climb towards 1.2065

1.2065 was Thursday's low (after pound fell on BoE's long UK recession tip)

GBP/USD was at 1.2140 into July's big NFP beat (at 1230 GMT) nL1N2ZG2G3

Strong data spurs hawkish shift in Fed expectations, and lifts UST yields

10-year UST yield up to 2.83%, from 2.70% when the NFP data was released