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GBP/USD: Trading the UK Claimant Count Change

From forexcrunch.com

The UK Claimant Count Change measures the change in the number of people claiming unemployment benefits. Along with the Unemployment Rate, which is released at the same time, it provides a snapshot of the UK employment sector. A reading which is better than the estimate is bullish for the pound. Here are the details and 5 possible outcomes for GBP/USD. Published on Wednesday at 9:30 GMT. Indicator Background Job creation is one of the most important leading indicators of overall economic activity. Thus, the publication of employment data is highly anticipated by the markets, and an unexpected reading could affect the ... (full story)

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