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British Pound (GBP) Price Outlook: GBP/USD Rallying After Strong UK Jobs Data

GBP PRICE, UK EMPLOYMENT NEWS AND ANALYSIS: The latest UK jobs report was stronger than economists had predicted, with employment above expectations, the unemployment rate down and average earnings higher than forecast. That has made an interest rate increase by the Bank of England next month almost certain, although the markets are unsure how large it will be. In turn, that has helped GBP/USD recover a very small part of its recent losses, although the trend in the pair is s


MongiIG in Market News

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