
The UK has released labor market data that significantly influences GBPUSD movements during trading on Tuesday (April 15, 2025).
Employment change for February was reported at 206,000, markedly exceeding the forecast of 96,000 from Trading Central and the previous month’s figure of 144,000. Meanwhile, the unemployment rate remains steady at 4.4%.
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In the aftermath of this release, GBPUSD has shown considerable volatility, fluctuating around the 1.32000 mark, close to its highest point in the past six months.
This labor market data may inject additional positive sentiment into GBPUSD. Until Monday, the currency pair had successfully recorded gains, buoyed by expectations that the US central bank, the Federal Reserve, would implement interest rate cuts more swiftly and decisively this year.
Moreover, US President Donald Trump’s decision to postpone increases in reciprocal tariffs and on electronic products has also bolstered GBPUSD’s performance.