BREAKING: GBPUSD gains after stronger than expected UK labour market data

8:01 AM 18 February 2025

UK Unemployment Change (January 2025): 22k (Forecast 10K, Previous 0.7k)

  • UK Employment Change 3M/3M: 107k (Forecast 48k, Previous 35k)

UK Unemployment Rate (December 2024): 4.4% vs 4.5% exp. and 4.4% previously

UK Average Weekly Earnings YoY (December 2024): 6% (Forecast 5.9%, Previous 5.6%)

  • UK Average Earnings (Ex-Bonus): 5.9% (Forecast 5.9%, Previous 5.6%)

British pound sterling strengthened after stronger than expected UK macro data; the GBPUSD pair gains.

Source: xStation5

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