GBPUSD orders - Feeling the love still as we wait on UK wages/jobs data

Author: Mike Paterson | Category: Forex Orders

Currently 1.3327 on session/1-year highs

UK wages/jobs data due at 08.30 GMT

I had some success jobbing 1.3250-1.3290 yesterday but square again for the moment.

Better wages data will support the clamour for rate hikes after yesterday's stronger inflation data.

I still say there'll be no BOE rate hike but try telling that to the algos. Go with the flow.

Offers: 1.3335 1.3350 1.3380-85 1.3400 1.3420 1.3450 1.3500

Bids:  1.3300 1.3280 1.3250 1.3225-30 1.3200 1.3175-80 1.3165 1.3150