British Pound Treads Water Above 1.3450 Ahead of US Jobs Data
GBP/USD holds marginal losses near 1.3460 as traders await US employment figures. The pair slipped from Wednesday's highs but stays above 1.3450.
GBPUSD
The British pound is little changed against the US dollar on Thursday, trading around 1.3460, as markets look ahead to the release of US employment data.
GBP/USD dipped from Wednesday's session highs but found support above the 1.3450 handle. The pair remains in a tight range, with traders hesitant to take fresh positions before the key labor market report.
The upcoming figures are expected to influence expectations for Federal Reserve policy, and any surprise could trigger a breakout from the current consolidation.
Source: FXStreet Forex News