As global equity markets have stabilised from the end of last week after their recent aggressive selloffs, the focus returns to the data, with the spotlight today on the UK Employment report.
Key to watch for Tuesday will be the Average Earnings data, for signs of a labour market that is continuing to tighten and its potential impact on inflation.
Despite the focus on the data, this is still with the backdrop of the looming EU Brexit summit on Wednesday, with pre-negotiations not going positively.
Here we look at the technical sets ups in FX for the GBPUSD currency rate and in the equity space, the FTSE 100.
See the full article here: https://www.fxexplained.co.uk/forex-articles/current-market-analysis/gbpusd-and-ftse-100-views-with-uk-employment-report-in-focus/