Yes folks, data risk event of the morning
As always we'll be focussed on wages rather than jobs given the BOE and Carney's focus on that area/productivity as a clue for rate hike timings
I stand by my view though ( even more now given the PBOC action) that the US and UK central bankers are scared to jack up rates in this scenario of global uncertainty/meltdown, regardless of their own domestic performance
Expectations:
GBPUSD has demand into 1.5550 still but supply into 1.5630-50 with EURGBP demand providing further offers
EURGBP chewing through offers at 0.7150 as I type. More between 0.7180-0.7100. Bids into 0.7130 then 0.7100
