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GBP/USD Forecast: UK jobs report does little to help Pound Sterling rebound

GBP/USD Forecast: UK jobs report does little to help Pound Sterling rebound

GBP/USD trades below 1.2450 in the European session on Tuesday. ILO Unemployment Rate in the UK rose to 4.2% in the three months to February. The cautious market mood could cap the pair’s recovery attempts. GBP/USD staged a rebound toward 1.2450 after setting a new multi-month low near 1.2400 earlier in the day on Tuesday....