When are the UK jobs and how could they affect GBP/USD? By anilpanchal7 UnitedKingdom Employment Events GBPUSD BOE
Given the expectations of another rate hike by the Bank of England, coupled with the upbeat economic growth and inflation fears, today’s jobs report becomes crucial for the GBP/USD pair traders. Also highlighting today’s employment numbers is the cable’s recently sidelined performance above the 100-DMA.
Further, the ILO Unemployment Rate is likely to remain unchanged at 4.1% for the three months ending in December. It’s worth noting that the Claimant Count Change figures are likely to improve to -28.0K versus -43.3K prior in January.Readers can find FXStreet's proprietary deviation impact map of the event below.
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