Cable flat ahead of US payrolls data

Source: WBP Online
© Scanpix/Reuters
The Pound traded sideways against the Greenback, after UK's trade deficit was released and as traders await US non-farm payrolls data release. The Cable was flat at the 1.5517 mark by 9:00 AM GMT. Britain's trade deficit rose to 1,601 million Pounds, mostly due to strengthening Sterling against the European and US counterparts. July payrolls data is expected to show a 225,000 jobs increase. 
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