By Rob Howard — Sep 04 - 04:55 AM
Cable rises to 1.3126 after UK August services PMI upwardly revised to 53.7
Services sector is dominant segment of UK economy. 1.3126 = intra-day high
1.3120 was early London high (pre-UK data). 1.3088 was Tuesday's low
UK services PMI revision underpins consensus expectation of BoE hold Sept 19
1.3146 (Tuesday's NY session high) and 1.3155 are GBP/USD resistance levels
US JOLTS data due 1400 GMT; 8.1M forecast. NFP data due Friday; 165k f/c
Source:
Refinitiv IFR Research/Market Commentary