15 Junio 2022, GBP/USD
GBPUSD trading plan:
Britain's jobless rate rose for the first time since late 2020 and other measures of the country's hot labour market cooled. With surging inflation weighing on the economy's recovery from the COVID-19 pandemic, official data showed the jobless rate edged up to 3.8% in the three months to April from 3.7% in the previous labour market report for the three months to March. The rise partly reflected a drop in the economic inactivity rate for working-age adults, which measures people who have dropped out of the labour market altogether and therefore had not shown up as unemployed. Although growth in vacancies slowed, they hit a new record high and the fall in the inactivity rate still left it well above pre-pandemic levels, meaning the jobs market remained extremely tight.
Investment idea: sell 1.2125 and take profit 1.2050.
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