Today's UK labour market data showed a significant shift, with the unemployment rate rising to 4.4%, the highest since November 2021, and the claimant count change reaching 50.4 thousand, the highest since April 2021.
Despite this, GBPUSD is holding up relatively well, but that could all change if the May 24th low at 1.2675 is breached. If it were to happen, the...