UK October jobless claims +10k

Author: Gerry Davies | Category: News

Weaker than Reuter’s median forecast of flat.  Claimant count rate unchanged at 4.8%.

Ilo  unemployment falls 49,000 in 3 months to September. Rate 7.8%, slightly better than Reuter’s median forecast of 7.9%.

Bit of a mixed bag really.

Cable steady-ish at 1.5886.

Buy orders clustered 1.5850/60, 200 dma at 1.5851, sell stops below there.

Sell orders clustered 1.5900/10,  buy stops through 1.5915.