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TDUX
Jun 05 - 01:55 AM

GBP/USD - Subdued Into US Jobs Data, Upside Likely Limited

By Krishna Kumar  —  Jun 04 - 11:37 PM

• GBP/USD consolidates in Asia after closing unchanged on Thursday

• Traders take to sidelines as conflicting reports on Iran peace talks tire

• Hezbollah rejection clouds Lebanon ceasefire, prospects for ending Iran war

• U.S. jobs report Fri key; NFP expected +85k, unemployment rate steady @ 4.3%

• Data more likely to lift USD than weaken it

• Labour's Burnham signals he would run in leadership contest against Starmer

• BoE Governor Andrew Bailey, MPC's Swati Dhingra speak Friday

• 1.3350-1.3500 range trading to continue; support 1.3400-05, 1.3370-75

• Resistance 1.3460-70, 1.3500; Thu range 1.34115-1.34615, Asia 1.34185-1.3430
UK seeing a sharp increase in inflows:


(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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