UK January unemployment and earnings report out at 09.30 GMT
It's not been the best 24 hours for the pound, and the upcoming data is unlikely to change that sentiment much.
Granted the data may come in better than expected and we see a knee-jerk rally but the overall sentiment remains bearish with Brexit still hogging the headlines.
It's the jobs reading that will steal the headline but as always look for the wages data. That's of more interest to the BOE in it's rate setting deliberations. Not that we're getting a hike anytime soon regardless but traders/algo boxes will feed off that more than jobs.
GBPUSD has nearby support at 1.4080-85 which it held earlier then more at 1.4065 and 1.4050. Topside we have 1.4150 resistance/supply then 1.4185-1.4200. Not expecting much more than that of a range when we have the FOMC later.
EURGBP has support into 0.7830 and offers/res between 0.7885-0.7900.
Currently 1.4108 and 0.7857
