07 April 2023, GBP/USD
GBPUSD trading plan:
The number of Americans filing new claims for unemployment benefits fell last week, but annual revisions to the data showed applications were higher this year than initially thought, further evidence that the labor market was slowing. Initial claims for state unemployment benefits dropped 18,000 to a seasonally adjusted 228,000 for the week ended April 1. Data for the prior week was revised to show 48,000 more applications received than previously reported. The government updated seasonal factors for 2023 and revised factors for 2018 through 2022. But it added that "the most volatile economic period of the pandemic, including the period running from March 2020 to June 2021, was not revised and will continue to be based on additive adjustments."
Investment idea: buy 1.2400 and take profit 1.2455.
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