• -27.7k prev revised from -24k prev
  • unemployment rate 7.2 % vs 7.1% exp / prev
  • ave weekly earnings +1.1% y/y 3mth-Dec vs +1.0 exp

GBP falls on the higher unemployment rate to 7.2% pushing interest rate hikes further away in theory

GBPUSD 1.6662 lows but 1.6650 still being strongly defended

Currently 1.6670

EURGBP 0.8250 after 0.8255 highs