GBP/USD extends losses below 1.3600 as UK labour data disappoints

GBP to USD Forecast: Pound Sterling Drops on Rising UK Unemployment

The Pound US Dollar (GBP/USD) exchange rate fell to its lowest level in a week on Tuesday following disappointing UK labour market figures. At the time of writing,...

Quilter Cheviot: Ugly jobs data wipes any positive signs from UK economy

Continuing the recent trend, the UK labour market slowed once again as it ended 2025 with a lull, is showing signs of creaking at a time when economic growth is difficult to come by. The data from ONS shows the number of payrolled employees in the UK fell by 121,000 in December compared to the same month in 2024. The final quarter of the year saw a drop of 130,000 over the year, with a fall of 46,000 quarter on quarter. January’s initial estimat…

GBP/USD Picks Up Bearish Vibes After Weak Jobs Data - ActionForex

GBP/USD comes under renewed pressure after retreating below 1.3600. Short-term bias leans bearish, but confirmation is still required. A close below 1.3440–1.3500 would shift the outlook decisively negative. GBP/USD slid to an almost two-week low of 1.3551 early Tuesday after disappointing UK employment data dampened sentiment. The report showed softer job growth, an unchanged unemployment […] The post GBP/USD Picks Up Bearish Vibes After Weak J…

GBP/USD extends losses below 1.3600 as UK labour data disappoints

The Pound (GBP) accelerated its reversal against the US Dollar (USD) on Tuesday, dipping below 1.3600 and reaching session lows around 1.3570 at the time of writing.