Important data next week for Dollar and the Pound- GBP/USD near session highs just now

The GBP/USD is not making any headway yet today. The Pound was forced lower for much of yesterday by a combination of GBP/JPY selling and yet another reversal higher in the EUR/GBP. That mix ensured the GBP/USD remained under pressure into the US close, where it later ended that session at 1.2851. The range seen so far today has been covered by 1.2851 to 1.2873, so as you can see, the Pound has not yet traded below where it closed last night. There are significant events due next week and those really begin very early on Wednesday morning with the Bank of Japan policy decision. That can and surely will impact the USD/JPY and by default the GBP/JPY too. The Bank of England policy decision on Thursday (11am GMT) has implications for the all the major sterling pairs and the US monthly jobs report covers the GBP/USD more than any other GBP cross. So, much for the Pound to contend with next week. Please remember there will be no Quick News updates from this analyst until Wednesday morning, when we see what the BOJ has thrown at the USD/JPY and the GBP/JPY. Meantime, the GBP/USD is currently trading at 1.2869