Neutral
GBP/USD remains steady at 1.3242 amid mixed US employment data.
Over the past 24 hours, GBP/USD has maintained a stable position around 1.3242. This stability follows the release of the US nonfarm payrolls report, which showed a significant miss with only 29,000 jobs added in September, compared to the expected 90,000. Despite this, the unemployment rate rose to 4.2%, and annual wage growth slowed to 3%, indicating mixed signals for the US economy.
Key points
- GBP/USD holds steady at 1.3242 following US employment data.
- US nonfarm payrolls report shows only 29,000 jobs added in September, missing expectations.
- Unemployment rate rises to 4.2%, and annual wage growth slows to 3%.
Sources
AI-generated from public news sources. Not financial advice.
