GBP/USD trading

25bp cut is priced into cable. If no cut look for 200pips on the upside, if 50bp look out below, could be under 2.00 by Fri's US NFP.


GL & GT
 
Limit orders are the only way to go on cable today with ADP numbers being so inflated. This is one of the first NFPs that I have NO CLUE what to expect. If we see US job growth the cable will continue it's worst beating in years and could test 2.00..

GL & GT to all!
 
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