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78% of retail investor accounts lose money when trading CFDs with this provider.

Earnings growth in the UK supports the pound
Earnings growth in the UK supports the pound

Earnings growth in the UK supports the pound

UK employment data buoyed the pound as unemployment remained unchanged at 3.7%, which met forecasts.

UK employment data buoyed the pound as unemployment remained unchanged at 3.7%, which met forecasts. At the same time, average wages rose by 6.4%, higher than expected. This allowed the GBP/USD pair to rise to last week's high. As the dollar weakens, the pair could continue its upward trajectory.

GBP/USD

Disclaimer: The information in this article is not intended to be and does not constitute investment advice or any other form of advice or recommendation of any sort offered or endorsed by Libertex. Past performance does not guarantee future results.

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78% of retail investor accounts lose money

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