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Negative macroeconomic statistics from the United States

Negative macroeconomic statistics from the United States | 10 January 2022

10 January 2022, GBP/USD

Negative macroeconomic statistics from the United States

GBPUSD trading plan:

U.S. employment rose by a less-than-expected 199,000 jobs last month as the impact of a resurgent pandemic bites, well below the 400,000 forecasts by traders, but data for November was revised higher. The second straight big monthly decline occurred even as more people entered the labor force. Wages increased solidly, underscoring labor market tightness. A record 6.4 million jobs were created last year. This was the largest annual increase in employment since record-keeping started in 1939, a milestone cheered by President Joe Biden, who celebrates his first anniversary in the White House on Jan. 20. Still, employment is 3.6 million jobs below its peak in February 2020

Investment idea: buy 1.3559 and take profit 1.3606.

David Johnson
Analyst of «FreshForex» company
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