Cable moves to a low of 1.3077 on the session
Hmm, another pound-related move ahead of a data release? Sounds all too familiar. Regardless, I wouldn't look too much into it but then again price is now aiming to break below the 200-hour MA (blue line) and in doing so the near-term bias will then turn more bearish.
As for the data release itself, I really don't expect it to weigh much on the pound unless we get a really abysmal reading like a contraction print or something along those lines. Otherwise, much of it can still be attributed to Brexit uncertainty and Brexit developments itself are what matters most for sterling right now.
Nonetheless, keep an eye on the near-term technical levels above as they will help indicate near-term direction for the pair ahead of the US jobs report later.