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The UK labour market is experiencing a cooling phase. The number of applications for unemployment benefits in June increased by 32.3K after a jump of 51.9K a month earlier. Prior to that, this indicator had been drifting for almost two years, adding an average of 2.5K per month. The rise in claimant count claims may […]

The post UK Jobs Data Cooled the Pound appeared first on Action Forex.

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29/01/2024

GBPCAD Wave Analysis

GBPCAD reversed from major resistance level 1.7240 Likely to fall to support level 1.7000 GBPCAD currency pair recently reversed down from the major resistance level 1.7240 (which has been reversing the price from the end of August). The downward reversal from the resistance level 1.7240 created eth daily candlesticks reversal pattern Dark Cloud Cover. Given […]
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Australian Dollar Extends Gains as PPI Surges

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Sunset Market Commentary

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