GBP/USD struggled against the recovering USD and the rise in the UK’s unemployment rate. What’s next? The focus this week is on May’s Brexit speech and we also have some PMIs. Here are the key events and an updated technical analysis for GBP/USD. The unemployment rate increased in the UK toi 4.4%, stealing the show from wages, that remained unchanged at 2.5%. The worrying development weighed on the pound. In the
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