The sterling pound collapses after a weak set of data from the United Kingdom labor market that reinforces the moderate bets of the BOE
The sterling pound (GBP) faces a strong sales pressure against its peers on Tuesday after the United Kingdom National Statistics Office (ONS) reported that the labor market cooled in the three months that ended in April.
The unemployment rate of the United Kingdom rises to 4.6% in the quarter until April, as expected
The UKO ilo unemployment rate increased to 4.6% in the three months until April, after reporting 4.5% in the quarter until March, according to the data published by the Office of National Statistics (ONS) on Tuesday. Lead more …
GBP/USD price forecast: Round the 1,3550 area, the support appears near the nine -day EMA
The GBP/USD pair goes back its recent profits, operating around 1,3540 during the Asian hours on Tuesday. The technical analysis of the daily graphic indicates a persistent bullish as the torque moves up into an ascending channel pattern. Leer more …
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
