The U.S. releases key employment data later on Friday, which could shake up GBP/USD. Analysts are expecting strong numbers, which could boost the U.S. dollar. Nonfarm payrolls are projected to increase sharply to 181 thousand, compared to 128 thousand in the previous release. As well, wage growth is expected to rise from 0.2% to 0.3%. The UoM Consumer Sentiment index is also expected to climb to 97.0, up from 95.7 pts.
GBP/USD has moved some distance above 1.3100 and has moved close to resistance at 1.3200. This major line has held since late March, so it would be a significant development for the pair if this line is breached.