A miss for claims, a miss for wages but that doesn't mean a bad report
Unemployment at the lowest since 2008 is the standout number. There are now more people employed since records began. Claims were up instead of down. Not good but to be expected. Wages missed but are still healthy.
Overall there's nothing here to sink the pound, but that might not stop some traders who have been happy to slaughter the quid on data misses. The jobs market has been buoyant and remains so today
I'm inclined to think that the pound keeps today's bullish composure on this data and we'll quickly switch back to trading the levels
GBPUSD H1 chart
