Wed, Apr 08, 2026 05:37 GMT
More
    HomeLive CommentsUK unemployment rate stayed at 44-year low, wage growth accelerates, GBP/JPY to...

    UK unemployment rate stayed at 44-year low, wage growth accelerates, GBP/JPY to extend corrective recovery

    ActionForex
    By ActionForex

    UK unemployment rate remained unchanged at 3.8% in the three months to April. It’s the lowest reading since December 1974. Average weekly earnings, including bonus, rose 3.1% yoy, slowed from 3.3% yoy but beat expectation of 3.0% yoy. Average weekly earnings, excluding bonus, rose 3.4% yoy, accelerated from 3.3% yoy and beat expectation of 3.1% yoy.

    GBP/JPY appears to be lifted mildly by the data. And the corrective from 136.55 will likely extend for a while before resuming larger decline.

    Start Trading
    Start Trading
    Start Trading
    Start Trading
    ActionForex
    ActionForex
    ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.

    Latest Analysis

    Load more

    Learn Forex Trading

    ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward.

    Contact us: contact@actionforex.com

    © ActionForex.com © 2025 All rights reserved.