Friday 4 August 07:00 UK time.

Very uncertain markets st the moment, yesterday's BOE decision of a 0.25 hike slightly dissapointed pound bulls. Data from the US showed the cost of wages coming down, which brings the question are the fed done hiking. But considering the ADP jobs data from Wednesday hinted at the possibility of more hikes, it's a tough call. The JPY is still strong ( possibly a hangover from the credit downgrade) so we haven't had the 4hr up candle I was looking for to short the yen. Amazon and Apple reported very good earnings which has boosted thier stock and keeps the soft landing narative. With NFP reported later, I'll be waiting to the the result of that befire forming a conviction in a possible Friday afternoon trade.