Can science explain why couples break up? The mathematical anatomy of a fall 
AI may be to blame for our failure to make contact with alien civilisations 
Flavoured vapes may produce many harmful chemicals when e-liquids are heated – new research 
Divesting university endowments: Easier demanded than done 
Gas is good until 2050 and beyond, under Albanese gas strategy 
What America’s first board game can teach us about the aspirations of a young nation 
Doing a job you find meaningful is great – until it consumes your life 
Why you should expect to pay more tourist taxes – even though the evidence for them is unclear 
South Africa will be president of the G20 in 2025: two much-needed reforms it should drive 
Reducing energy demand and improving efficiency will help prevent the next gas crisis 
Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of 
UK employment report has helped pound push higher against all of its counterpart as inflation remains the last hurdle before a rate hike from bank of England. Higher wage growth is likely to ensure that demand comes back in UK economy, which would provide an upward thrust to inflation.
- Earnings report can be called as solid. Jobless rates remained at 5.5% for 3 months to April, however claimants count dropped further in May by 6500. Shining star of the report is wage growth. Average earnings rose by 2.7% both excluding and including bonus. This stands as highest level of growth registered in at least six years.
With such block buster report, there are few that can stand against pound.
Pound remains buy against its major counterparts such as Euro, Yen and New Zealand dollar.
However pound bulls face crucial test against Dollar today as FOMC is scheduled to announce monetary policy at 18:00 GMT.
Pound is likely to maintain the trend however and trade around 1.6 against dollar. Hawkish FOMC would result in buying pound at dips.
Pound is currently trading at 1.572 against dollar, support lies at 1.546-1.548 and resistance at 1.582-1.585.
