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GBP/USD unchanged after UK jobs report matches forecasts
The latest monthly UK jobs report has now been released and it has not surprised at all. Pretty much all the components were exactly in line with forecasts. Perhaps the one thing to note was another gain in the number of jobless claims. That rose by a revised 51.9k in May. The increase last month was 32.2k. The reaction in the Pound has been muted at best. This data will clearly not shift the dial for the Pound this morning. The GBP/USD is still therefore accentuating the dollar weakness that allowed it to reclaim levels above 1.30 yesterday. The GBP/USD is currently trading at 1.3007
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