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British Pound (GBP) Price Outlook: GBP/USD Benefiting From UK Jobs Data

GBP PRICE, NEWS AND ANALYSIS: GBP/USD is gaining ground after a strong set of UK labor-market figures that have again focused attention on the Bank of England’s policymakers and whether some will be persuaded that UK monetary policy should be tightened sooner than they previously expected. Job vacancies rose above one million for the first time since records began as the UK economy continues to recover from the Covid-19 pandemic, while payrolls rose by more than economists had predi


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