• GBP/USD dipped on Thursday as pound came under selling pressure as demand for the U.S. dollar strengthened ahead of non-farm payrolls report. • Attention is firmly focused on the U.S. June non-farm payrolls report, which is expected to provide fresh clues on the Federal Reserve's policy outlook. •A stronger-than-expected employment report could boost the U.S. dollar and weigh further on GBP/USD, while weaker labour market data may revive expectations of Fed easing and support a renewed move higher in the currency pair. •S&P Global survey showed a milder downturn in UK construction in July, alongside the highest level of industry confidence since before the Iran war. •S&P Global's UK Construction PMI increased to 44.7 in July from 38.4 in June, though it remained below the 50 mark indicating continued contraction.