8:04 AM · 13 February 2024

BREAKING: GBP jumps after UK jobs data

UK jobs data for December was released today at 7:00 am GMT. Report was expected to show a slowdown in weekly wage growth as well as a drop in the unemployment rate to the lowest level since May 2023. Actual report turned out to be a hawkish surprise with wage growth slowing less than expected, employment growing more than expected and unemployment rate dropping to 3.8% - the lowest level since April 2023.

GBP gained following the release, with GBPUSD jumping around 0.2% in a knee-jerk reaction. 

UK, jobs report for December

  • Weekly wage growth: 5.8% YoY vs 5.6% YoY expected (6.5% YoY previously)
  • Weekly wage growth (excluding bonuses): 6.2% YoY vs 6.0% YoY expected (6.6% YoY previously)
  • Employment change: 72k vs 50k expected (73k previously)
  • Unemployment rate: 3.8% vs 4.0% expected (4.2% previously)

GBPUSD jumped and tested 1.2640 resistance zone after better-than-expected jobs report from the United Kingdom. Source: xStation5

3 July 2026, 10:42 AM

Chart of the Day: USDJPY – a change in trend? (03.07.2026)

3 July 2026, 8:45 AM

Economic Calendar: What are markets focusing on after NFP? (03.07.2026)

3 July 2026, 7:51 AM

Morning Wrap: Asia in the green – is optimism returning to the markets? (03.07.2026)

2 July 2026, 7:05 PM

Daily summary: Gold surges 2%, Nasdaq drags down sentiments on Wall Street

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits