British Pound / U.S. DollarUpdated GBPUSD: Price recovered steadily
Hello everyone, today GBPUSD continues its established trend from the past month, with the current price at 1.230 and still maintaining a strong and stable recovery within the upward channel.
The latest data released by the Office for National Statistics (ONS) today shows that the UK's ILO unemployment rate remains stable at 4.2% for the quarter ending in September. The data aligns with market expectations of 4.2% for the September quarter, and the recovery momentum of GBPUSD is being preserved.
Unless there are any changes, this currency pair will continue to maintain its current trading range, with prices expected to fluctuate between 1.21 and 1.25.
The latest data released by the Office for National Statistics (ONS) today shows that the UK's ILO unemployment rate remains stable at 4.2% for the quarter ending in September. The data aligns with market expectations of 4.2% for the September quarter, and the recovery momentum of GBPUSD is being preserved.
Unless there are any changes, this currency pair will continue to maintain its current trading range, with prices expected to fluctuate between 1.21 and 1.25.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.