Unemployment rate fell to 4.2%, with a decrease in both short-term and long-term unemployment. UK wage growth slowed to its lowest level in two years, yet surpassed market expectations. Despite positive jobs data, BoE policymakers warn of potential inflation rebound in H2 2024, supported by a slight increase in grocery inflation. Cable edged higher but […]

The post GBP/USD Edges Higher as Wage Growth Hits Lowest Level in 2 Years appeared first on Action Forex.