empty
 
 
Back Fundamental analysis
analytics69e75c250c896.jpg
Back Fundamental analysis
GBP/USD: UK labor report conceals weakness, puts pound under pressure
The pound, in the dollar pair,
The premium article will be available in
00:00:00
The premium article will be available in00:00:00
The pound, in the dollar pair, reacted negatively to today's UK labor market data. At first glance that reaction looks anomalous, because many components of the release appeared in the green. But, as often happens, the devil hides in the details. The report's particulars signal worrying trends, and those trends drew traders' focus. Thus, according to the published data, Britain's unemployment rate unexpectedly fell to 4.9% after two months at 5.2% (a five-year high). Most analysts had expected the indicator to
Fresh articles are available only to premium users
Read analytics in early access, getting information first
Get
Irina Manzenko,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Irina Manzenko
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback