FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Although UK jobs data came in better than expected, providing the GBP/USD pair with immediate support, longer-term developments are capped by trader's cautiousness ahead of the Fed decision.
Both total average earnings and average earnings excluding bonuses rose 2.9% in July, up from 2.6% and 2.8%, respectively, reported in the previous month.
The ILO unemployment rate for July ticked down to 5.5%, while August jobless claims rose by 1,200.
Later in the UK session, Bank of England (BoE) Governor Mark Carney and Monetary Policy Committee members Ian McCafferty, Kristin Forbes and Martin Weale will be answering questions at the Treasury Select Committee on the Inflation Report.
In the US session the latest CPI measure is due, which might shuffle the sentiment for last time before the Federal Open Market Committee decision on Thursday.
Right after the release, the GBP/USD jumped 40 pips to hit fresh session highs, before adding further gains to trade up 0.40% at $1.5418. Pair is currently trading at $1.5409. I made intraday high at $1.5418 and low at $1.5330 levels.
