Wednesday, September 17, 2014

UK jobs data the best in 6 years, no change in MPC votes

The unemployment rate is at a six year low in the UK. The number of people claiming unemployment benefits dropped by 37 200 claims, beating what economists predicted. The previous month showed 37 400 less claims.

The Monetary Policy Committee asset purchase facility and bank rate votes remained unchanged.

GBP/JPY remained bullish after the data.







































GBP/USD started to climb after a long bear run since the advanced Q2 US GDP.




Chart and technical analysis provided by fxstreet. My broker`s webtrader is still down.

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