Register Register

Chinese (Simplified)

September 15, 2020

Grab 25+ PIP movement During U.K. Jobless Claims Data

U.K. Jobless Claims & Unemployment Rate

U.K. is going to release Claimant Count Change data as well as unemployment rate at 0600 GMT/1130 IST. The number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country’s monetary policy. If jobless claims and unemployment rate come lower than expected data, it will be beneficial to GBP.

Let’s see how GBP has reacted during the previous data release:

Aug 11

July 16

Technical View:

GBP/USD: The sterling exhibits range bound movement ahead of U.K. jobless claims data. A sustained close above $1.2846 will drag the parity up towards $1.2880, $1.2930, $1.3002, $1.3070, $1.3102, $1.3148, $1.3210, $1.3276, $1.3350, $1.3382, $1.3422, $1.3442 and $1.3515 mark respectively. Key support levels are seen at $1.2762, $1.2740, $1.2695, $1.2662 and $1.2620 mark respectively.

Take a look and do trade wisely!

Good Luck

TP Global FX Research Team

With a decade of Forex Market insight, TP Global FX Research Team delivers you the Market Insight that boosts your Trading Skills

Registered office:

Suite 305, Griffith Corporate Centre, Beachmont, P.O.Box 1510, Kingstown Saint Vincent and the Grenadines.
+2349127787207

Physical Offices

Nigeria office:
56 Opebi Road by Salvation bus stop (Suit 105, first floor), Ikeja, Lagos, Nigeria

Mail us

Drop mail at: support@tpglobalfx.com

Contact us

Call or Whatsapp +44 7441 416320

Sales Queries

Drop mail at: sales@tpglobalfx.com

Offices

Vanuatu office:
Law Partners House, Kumul Highway, PortVila, Vanuatu

Offices

Head office:
1810, 1811, Prime Tower,
Business Bay, Dubai, UAE

Instrument

Platforms & Tools

Partnership

Company

Others

© 2022 TPG Trader. All right reserved.

Baybahis Hititbet 1win Elitbahis Matadorbet

Privacy Policy | Terms & Conditions |Product Statement | Client Agreement | AML/KYC | Refund Policy

Risk Warning: Forex and Contracts for Difference (CFDs) are leveraged products. Trading in these products is highly speculative and involves substantial risk. Please note that even knowledgeable and well-experienced investors can experience large potential losses as a result of trading in Forex and CFDs. Consequently, investors should be fully aware of all the risks involved when trading Forex and CFDs and accept all the negative consequences associated with such trading. Please always remember that trading in Forex and CFDs might not be suitable for all investors. It is desirable investors who would consider trading, to do so only with money that they can afford to lose. You are also recommended to seek independent financial advice if necessary. The content on this website does not constitute financial or investment advice. Any information herein is of a general nature and does not take into consideration your personal circumstances, investment experience or current financial situation. This site is run and operated by – TP Global Services Limited registered by St. Vincent and the Grenadines with Number 25274 BC 2019. Registered office: Suite 305, Griffith Corporate Centre, Beachmont, P.O.Box 1510, Kingstown Saint Vincent and the Grenadines.

TP GLOBAL FX is monitored by VFSC Vanuatu with registration number 40409 and located at Law Partners House, Kumul Highway, PortVila, Vanuatu.

TP Global Fx Africa Limited is incorporated in Federal Republic of Nigeria under the Companies and Allied matters Act 1990 with registration number RC 1674202. The objects of the company are all subject matters not forbidden by Companies and Allied Matters Act 1990. To provide Electronic Platform through which clients can choose currencies, commodities, indexes, CFDs and other leveraged financial instruments to trade.