Pound holds steady ahead of US jobs data
The pound remained unchanged on Friday as investors awaited key US employment data. Meanwhile, Bank of England officials weighed inflation risks driven by higher energy prices and geopolitical tensions.
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Sterling held steady against the dollar on Friday, trading at $1.3525 ahead of monthly U.S. employment data that could dictate currency direction over coming weeks. The GBP/USD pair showed little change following a 0.3% gain on Thursday. Volatility remained contained as markets awaited the August U.S. nonfarm payrolls report.
