Forex Market News

GBP – Ways2Capital

Pound sterling recovered after falling to session lows of 1.2724 when the U.K. Office for National Statistics said the claimant count increased by 7,300 in May, compared to expectations for a gain of 20,300 people.
The unemployment rate was unchanged at 4.6% in April, lowest since 1975. While these can help the pound remain strong, concerns about the direction of Brexit talks, which will begin soon are keeping markets on tenterhooks.
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