Hi all.

US January employment report, that is the name of the game today
  • 1330GMT
  • The consensus median expected is up 180K
  • Prior was up 156K
During London, we have the UK Services PMI on tap. The services sector is by far the largest sector of the UK economy, making this PMI the most significant, and potentially the most volatile.
We close out the week with the main event, the U.S. employment report. The Non-Farm Employment Change is expected to come in at 180K for January, with wage growth expected to increase 0.3%. The unemployment rate is expected to hold steady at 4.7%.

So the smart move would be to wait and see what happens in order for us to be on the right side of the trade.
Good luck all and have a great weekend!
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