Overall, GBP/USD is trending downwards.
The UK employment data released yesterday indicated an overall stronger jobs market than in previous month.
- Average Earnings Index 3m/y (Actual: 4.8%, Forecast: 4.6%, Previous: 4.3%)
- Claimant Count Change (Actual: -48.1K, Forecast: 20.3K, Previous: -31.9K)
- Unemployment Rate (Actual: 3.9%, Forecast: 4.0%, Previous: 4.1%)
Currently, GBP/USD is testing the support zone of 1.30400 and the next resistance zone is at 1.32200.
Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.30400.
The UK employment data released yesterday indicated an overall stronger jobs market than in previous month.
- Average Earnings Index 3m/y (Actual: 4.8%, Forecast: 4.6%, Previous: 4.3%)
- Claimant Count Change (Actual: -48.1K, Forecast: 20.3K, Previous: -31.9K)
- Unemployment Rate (Actual: 3.9%, Forecast: 4.0%, Previous: 4.1%)
Currently, GBP/USD is testing the support zone of 1.30400 and the next resistance zone is at 1.32200.
Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.30400.
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