UK Unemployment Rate drops to 4.0% in quarter to August vs. 4.1% expected

The United Kingdom’s (UK) ILO Unemployment Rate eased to 4.0% in the three months to August, following July’s 4.1% reading, the data published by the Office for National Statistics (ONS) showed on Tuesday.
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GBP/USD remains below 1.3050 following UK labor data

GBP/USD edges lower after registering gains in the previous two sessions, trading around 1.3040 during the Asian trading hours on Tuesday.
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