Breaking: GBP/USD jumps even as UK April Claimant Count misses estimates with +856.5K

• UK April jobless claims changed 856.5K vs +150K expected.

more to come ...

About UK jobs

The UK Average Earnings released by the Office for National Statistics (ONS) is a key short-term indicator of how levels of pay are changing within the UK economy. Generally speaking, the positive earnings growth anticipates positive (or bullish) for the GBP, whereas a low reading is seen as negative (or bearish).