GBP/USD Tests The 1.2600 Level As UK Unemployment Rate Stays Unchanged
GBP/USD remains stuck near the resistance at 1.2600 – 1.2615 as traders focus on the better-than-expected UK Unemployment Rate report. The report indicated that Unemployment Rate remained unchanged at 4.4% in December, compared to analyst forecast of 4.5%.
A move above the 1.2615 level will open the way to the test of the next resistance level at 1.2715 – 1.2730.
