Limited Downside for the Pound Despite Weaker Jobs and GDP

Limited Downside for the Pound Despite Weaker Jobs and GDP

Source: EODHD - https://finance.yahoo.com/news/limited-downside-pound-despite-weaker-143723720.html
Published: Nov 14, 2025 9:37 AM

With American data still on hold after the recently resolved shutdown of the government, many traders’ focus shifted in the first half of November to Britain amid a number of key releases, including the job report and GDP. Despite generally negative results with GDP lower than expected and unemployment rising to 5%, the pound hasn’t lost strength consistently except against the euro. This article summarises the latest British data, then looks briefly at the charts of GBPUSD and EURGBP. 11 November’s British job report was significantly weaker than expected, with claimant count change up more than the consensus and employment surprisingly rising to 5%: September’s British unemployment is the...

Market context: This update is relevant to EUR traders, with EURGBP as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.