Don’t waste your time – keep track of how NFP affects the US dollar!

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Follow us on Facebook

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Email tooltip

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

View
The GBP needs support

The GBP needs support

Information is not investment advice

What will happen?

UK will publish the unemployment rate on Tuesday, February 23, at 09:00 MT time. In normal times, it would be a second-priority indicator for Britain. But as the country is going through the deepest crisis since the XVIII century seeing a 10% contraction of its GDP, the state unemployment rate becomes a highly important dynamic to watch.

How to trade it?

Now that the traders are well aware that things are not that good for the UK at the moment, they will be looking for the slightest hints in any economic data that the outlook may be not as dire as the media are suggesting. The previous mark was 5% - just under the expected 5.1%. This time, 5.2% is the forecast, and if the actual figure is the same or greater than the expectation, it may infuse even more pessimism into the audience.

  • Better-than-expected data supports the GBP;
  • Worse-than-expected data puts pressure on the GBP.

Check the economic calendar

Instruments to trade: GBP/USD; EUR/GBP; GBP/CHF; GBP/JPY

GBP_2.jpg

                                                                                                    LOG IN

Similar

Popular

Choose your payment system

Learn more

Callback

Please fill in the form below so we can contact you

Select the best time for us to call you. We give calls from Monday to Friday in suggested intervals. In case we couldn't get through, we will try again at the same time the next day. For getting real-time assistance, use FBS chat.

We provide only English-speaking callbacks. If you prefer any other languages, contact the support team.

We will call you at the time interval that you chose

Change number

Your request is accepted.

We will call you at the time interval that you chose

Next callback request for this phone number will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later