With the BOE emphasizing a “gradual approach” to easing, can the upcoming U.K. jobs release further dampen hopes of another interest rate cut soon?

Our Event Guide for the U.K. Employment Report noted a potential uptick in wage growth, which could continue to lift overall inflationary pressures and give the central bank enough reason to pause easing.

Here’s what I’m watching on GBP/CHF and GBP/CAD if that happens.