Nov NFPs came out in a mixed bag. Despite job growth appeared an inch below expectations, the unemployment rate fell to the lowest rate since 2008 at 2.5% against 2.8% expected. However, the wages growth and the participation rates were depressed. Considering the dubious figures, an impact on the market is neutral. We should settle in a range currency market today.
On Monday GBP UK Supreme Court hears Government-Parliament Brexit appeal. In anticipation of this risky event the market might sell of GDP. Sell GDPUSD below 1.27 for a target of 1.23.
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