The Great Britain pound tumbled today as the government reports showed that the number of unemployment claims unexpectedly increased and the wage growth slowed.
The number of people seeking unemployment benefits rose to 19,600 in May from 16,900 in April, according to the report of National Statistics. The unemployment rate stayed at 7.7 percent. The average earnings growth slowed to 1.8 percent in April from 2.4 percent in March.
GBP/USD slid to 1.6272 from 1.6369 today as of 11:36 GMT, while it posted the intraday low of 1.6247 earlier. GBP/JPY went down to 131.30 from 131.72.
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