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UK Labour Market Cools → GBPJPY Slides to 207.35 Low

GBPJPY lost its shine after dismal UK jobs data. It hits an intraday low of 207.35 and is currently trading around 207.70.

Late 2025/early 2026 UK labour market statistics reveal a gradual cooling: In January 2026, claimant count increased 13.4K (below expectations), while annual claims continued to decline despite adjustments.

Wage growth lost momentum, slowing to 4.2% y/y for both regular and total pay in the three months to December 2025, with real pay growth (CPIH-adjusted) at just 0.5%.

At the margins, the market is loosening as private sector pay rose only 3.4%; unemployment held steady at 5.2% in Q4 2025; this helps to reduce wage pressures without indicating abrupt weakness.

 

 

Technicals

CMP -207.70

Trend

4- Hour chart

Value

 

 

55 EMA

210.32

CMP < value

Bearish

200- EMA

210.90

CMP < value

Bearish

365- EMA

209.58

CMP < value

Bearish

 

Major support- 207.50/206.75/205. Major resistance - 208.25/20920/210

 

Momentum indicator

Inference

Value

CCI(50)

below zero line (bearish)

-84

ADX

Bearish

Strength jumped from 24.13 to 24.95

It is good to sell on rallies around 208. with SL around 210.50 for a TP of 207.55/206.

 

 

 

 

 

 

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