A major U.S. jobs report will set the mood music for the British Pound ahead of next week's Bank of England decision.
Fading global volatility is a distinct positive for the British Pound.
Pound Sterling may be set to play ‘Thomas and Firends’, as the ‘Spaceman’ Sends, for Graceful and New to send or bend a Fountain of Love from above, for many and just a handful or few; which might see GBP/USD rising from 1.33, to 1.44, next door as the author itself, and an Elf, step onto a sort of illuminated dance floor.
The Pound to Dollar rate fell overnight in Asia following another cut to the People’s Bank of China’s GBP/CNY fix but that won’t last long after Sterling offers up a “Red Pill,” and Kate Bush of the Celts sings “Running Up That Hill.”