GBPUSD Tumbles on UK Wage Slowdown and Higher Unemployment Ahead of Expected BOE Rate Cut
GBPUSD weakened to 1.31 as weaker UK labor data raised expectations of a Bank of England rate cut next month, with slowing wage growth and rising unemployment.
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GBPUSD weakened to 1.31 as weaker UK labor data raised expectations of a Bank of England rate cut next month, with slowing wage growth and rising unemployment.