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December 17, 2024

GBP/CHF Strengthens on Robust Wages Growth Data

The British Pound remains firm, bolstered by strong UK employment data highlighting robust wage growth. This news aligns with recent improvements in the services sector, evidenced by the latest PMI release. Even amid uncertainties tied to the Autumn Budget, this resilience in wage data suggests persistent underlying price pressures. Traders should focus on these developments, as they may inform potential trading strategies and market behaviors in the coming sessions.

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