Fawad Razaqzada, market analyst at Forex.com, said: "The GBP/USD suffered a double whammy on the last two days of last week, resulting in a 245-pip drop from the week’s high to the
"For now, one has to treat Friday’s better-than-expected jobs report as an outlier given the overall weakness in US data of late.
"If the dollar were to make a more meaningful comeback, we will need to see more evidence that the economy is on a sustainable path of growth and further acceleration in inflation.
"Consequently, I would not be surprised if the GBP/USD were to climb higher from its current levels until at least Thursday."