GBP Unemployment Data Looms

Tom Stewarton 16/11/2021|
1 min read

GBP Unemployment data is set to be released at 0700 GMT today (10:00 GMT+3). The Unemployment rate (3M) was previously recorded at 4.4%, quite low considering current economic conditions. Later today the GBP economic calendar includes:

  • Claimant Count Rate (October)
  • Claimant Count Change (October)
  • ILO Unemployment Rate (3M) (September)
  • Average Earnings Including Bonus (3Mo/Yr) (Sep)
  • Average Earnings Excluding Bonus (3Mo/Yr) (Sep)

This is a busy week for the GBP economic calendar, as tomorrow CPI data will be released also.

Currently the GBP/USD is trading around 1.3410 and the daily moving averages are in a bearish cross.