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GBPUSD: Daily & Intraday Analysis update

The US dollar fell against its major trading partners early Friday, except for an improvement versus the Canadian dollar, as the focus turns to the May employment report due to be released at 8:30 am ET.

Nonfarm payrolls are expected to rise by 185,000 in May, while the unemployment rate is expected to remain at 3.9% and hourly earnings are forecast to rise by 0.3%.

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