EUR/GBP: BEARISH CHANNEL,SELL LIMIT SETUP SHORT CONTINUATION 🔔

The forecast for the EUR/GBP remains bearish.
The UK Jobless Claims Change for April was reported at -15.1K. Forex traders can compare this to the UK Jobless Claims Change for March, reported at 10.1K. The UK Employment Change for the tri-monthly period ending in March was reported at 84K, and the ILO Unemployment Rate was reported at 4.8%. Economists predicted a reading of 50K and 4.9%. Forex traders can compare this to the UK Employment Change for February, reported at -73K, and to the ILO Unemployment Rate, reported at 4.9%. Average Weekly Earnings for the tri-monthly period ending in March increased by 4.0% annualized, and Average Weekly Earnings Excluding Bonuses increased by 4.6% annualized. Economists predicted an increase of 4.5% and 4.6%. Forex traders can compare this to Average Weekly Earnings for February, which increased by 4.5%, and to Average Weekly Earnings Excluding Bonuses, which increased by 4.4%.

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