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GBP/USD falls further after US jobless claims come in below forecasts
A little earlier this afternoon the latest US weekly jobless claims data was released and it was better than expected. claims fell to 211k in the latest reporting week, where a number of 221k was forecast. More importantly, the number of continuing claims dropped back more significantly, falling to 1.844 million from a revised figure of 1.896 million. That news has helped to underpin the US currency versus Europe. However the USD/JPY is lower at the same time. The GBP/USD has now fallen below the 1.24 handle today. The Pound has not long ago hit a session low at 1.2399. It is currently trading at 1.2405
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