BREAKING: GBPUSD trades lower after UK employment data 📌

07:00 AM BST, United Kingdom - Employment Data for April:

Unemployment Rate: actual 4.6%; forecast 4.6%; previous 4.5%;
Average Earnings ex Bonus: actual 5.2%; forecast 5.4%; previous 5.5%;
Average Earnings Index +Bonus: actual 5.3%; forecast 5.5%; previous 5.6%;
Employment Change 3M/3M: actual 89K MoM; previous 112K MoM;

Wage growth data came in slightly weaker than expected, but the overall unemployment rate matched expectations at 4.6% year-over-year.

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