FXstreet.com (Barcelona) - The Sterling has reacted up against the Dollar on the back a better than expected Britain unemployment data. Pair has rise to test 1.6785 resistance, trading in daily highs after rising around 80 pips from 1.6708 during the European session.
Currently the pair is trading around 1.6770/80, 0.20% above today's opening price action at 1.6743.
ILO unemployment rate in the last 3 months to September has fallen to 7.8% from 7.9% in the previous month, against of expectations of increases to 8.0%. Average earnings including bonus has risen 1.2% YoY in the last 3 months to September, less than 1.5% increases expected and 1.6% posted previous month.