Positive macroeconomic statistics from the United States | 08 10月 2021

08 10月 2021, GBP/USD

GBPUSD trading plan:

Initial claims for state unemployment benefits decreased 38,000 to a seasonally adjusted 326,000 for the week ended Oct. 2. The number of Americans filing new claims for jobless benefits dropped by the most in three months last week, suggesting the labor market recovery was regaining momentum after a recent slowdown, as the wave of COVID-19 infections began to subside. Unadjusted claims, which economists say offer a better read of the labor market, tumbled 41,431 to 258,909 last week. In the third quarter, employers announced 52,560 job cuts, the fewest since the second quarter of 1997 and down 23% from the July-September period.

Investment idea: sell 1.3625 and take profit 1.3578.

David Johnson
Analyst of «FreshForex» company
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