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Weak UK Labour Data

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 20, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    GBPUSD, 60min UK labour data disappointed : The headline claimant count for March fell by 6.7k, short of the median forecast for a 12k decline while the February figure was revised to -9.3k from the -18k reported initially. The unemployment rate for February remained unchanged at the cycle low of 5.1%, as expected. The ex-bonus average household earnings figure in the three months to February was +1.8% y/y, down from 2.1% in the previous month and contrary to the Bloomberg survey’s

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