GBP/USD Price Analysis: Pound Soars Amid Upbeat Basic Wages

<p>Data revealed a record surge in UK basic wages. The UK’s unemployment rate climbed to 4.2% from 4.0%. Market estimates suggest a 55% likelihood of the BoE’s benchmark rates reaching 6% in early 2024. Today’s GBP/USD price analysis is bullish. On Tuesday, the British pound gained ground following data revealing a record surge in UK … <a href="https://www.forexcrunch.com/gbp-usd-price-analysis-pound-soars-amid-upbeat-basic-wages/">Continued</a></p>
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