Open trading account 
Cable had a splendid run and is settling for the best week in at least a year. It broke range top near 1.50 but was rejected ahead of 50 DMA and then retraced back into the range. However, with the close near the high, it appears poised for continuation.
UK jobs report was mixed but still solid with unemployment level ticking down to 5.6% from 5.7% (lowest level since 2008) and encouraging wage growth, particularly ex-bonus.
Further direction will mostly depend on whether USD pullback will continue into next week, UK data and elections. I'd say we will see some ranging/consolidation, but break and continuation higher would not surprise me.
UK jobs report was mixed but still solid with unemployment level ticking down to 5.6% from 5.7% (lowest level since 2008) and encouraging wage growth, particularly ex-bonus.
Further direction will mostly depend on whether USD pullback will continue into next week, UK data and elections. I'd say we will see some ranging/consolidation, but break and continuation higher would not surprise me.
