04 Juni 2021, GBP/USD
GBPUSD trading plan:
British employers took on permanent staff last month at the fastest rate since records started being kept in the late 1990s. A fresh survey showed in another sign that the economy is rebounding swiftly from the COVID-19 pandemic. Starting salaries rose last month at the fastest rate since September 2018 as the availability of staff declined sharply, which REC linked to pandemic uncertainty and fewer EU candidates. This is a positive signal for the British currency. The number of Americans filing new claims for unemployment benefits dropped below 400,000 last week for the first time since the COVID-19 pandemic started more than a year ago, pointing to strengthening labor market conditions. The data supported expectations that job growth accelerated last month, though shortages of workers and raw materials continue to loom over the labor market recovery. This is a positive signal for the dollar.
Investment idea: range 1.4050 -1.4150.
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