Tag: UK unemployment rate

GBP/USD Soars on Robust Labor Data - BoE Confronts Economic Balancing ActThe GBP/USD pair experienced a significant surge in response to the release of strong UK labor data. The British pound rallied around 30...

The GBP/USD pair faced resistance near the 1.3250 level against the US Dollar and initiated a downside correction below 1.3200. This correction came after struggling near the 1.3260 mark, indicating a short-term top formation...

Today, the major currencies are relatively stable, with small fluctuations continuing. Market participants are eagerly awaiting key US data this week, as the European session appears to be a bit quiet for now. Let's...