Forex - EUR/GBP, GBP/USD Flows: GBP slightly firmer after employment report


 08:51 (GMT) 19 Oct

  [Forex Flows]

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EUR/GBP, GBP/USD Flows: GBP slightly firmer after employment report (0100-HGQM-C01)

Nothing to scare the horses in the UK employment report and GBP/USD is trading little changed just above 1.23. Sterling has had a slightly better feel to it this week, with USD bulls taking a little money off the table and USD longs were most extended against GBP. However I wouldn't expect Cable to roar away and we are probably in for some fairly low key range trading, with something for everyone and the picking of levels crucial. IJ.


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