We got the unemployment rate coming out at 4:30 ET. Consensus is 2.9% and the change at -5K. GBP def up today off the lows of earlier. It trading nicely so far inside the channel on a 5 minute chart. At 5:30 ET is the all important quarterly inflation report. This is really big. The eco data last few days has come in weak. Yet the B of E has been kind of hawkish. This could justify their bias. Consensus is for rates to be at 5% by year-end.