UK Claimant Count Today released at 2PM (GMT+8) with more claims (528) than expected (405). As of press time 2:39PM, market has just started to digest the news. Moves among along Sterling pairs are not unified. GBP is strong against risky currencies AUD, CAD and NZD. On the other hand, weak against safe haven currencies USD and JPY.
Since market has been risk since last night. It’s better to go short GBPAUD, GBPNZD, GBPCAD or long GBPUSD, GBPJPY.
GBPUSD: Entry 1.2605, Stop -30pips, TP +30pips
GBPJPY Long: Entry 135.4, Stop -45pips, TP +55pips