31 March 2023, GBP/USD
GBPUSD trading plan:
Only about a quarter of unemployed US workers applied for jobless benefits in 2022, suggesting unemployment claims could be much higher, according to an analysis by the Bureau of Labor Statistics. Of those who didn’t apply, more than half of workers said it was because they didn’t believe they were eligible, the BLS said in a fresh report. Close to one-in-five abstained because they expected to start working soon. Only people who have previously worked are eligible for the benefits, and they generally must apply shortly after separating from their last job. Therefore, the BLS data reflect people who worked at some point in the 12 months prior to the survey, which collected data in February and May 2022. Eligibility for benefits also varies by state.
Investment idea: buy 1.2350 and take profit 1.2425.
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