Just another heads-up that we the have morning's data risk event coming up shortly
UK wages for May and claimant count/unemployment rate for June
Wages, as usual since Carney & Co put main focus on it, will be watched more closely than jobs and we can expect a decent reaction in GBP to any figure outside target
Expectations for wages: average weekly earnings 3m/yy +3.3% vs +2.7%
earnings ex bonus 3.0% vs 2.7% prev
real monthly wages YY +1.5% prev
Claimant count rate 2.3% exp as prev
Jobless change -9k exp vs -6.5k prev
Unemploym ent rate 5.5% exp as prev
Trade what you see
GBPUSD currently 1.5654 EURGBP 0.7038