RSS Sterling Holds Firm on Strong Wages Growth, GBP/CHF Upside Breakout

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 RSS Sterling Holds Firm on Strong Wages Growth, GBP/CHF Upside Breakout

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Sterling remains resilient, as supported by UK employment data indicating that wages remain robust. This development aligns with improved conditions in the UK’s services sector, as seen in yesterday’s PMI release, and suggests that underlying price pressures have not diminished despite growing pessimism tied to the Autumn Budget’s uncertainty. Markets maintain near-zero expectations for a […]

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