WAYS2CAPITAL UPDATE – GBPINR

GBPINR trading range for the day is 90.62-91.38.
GBP remained under pressure as British employment data showed wage growth in the quarter ending March was lower than expected.
Wages in Britain had grown at strong rates over the past year or so but slowed to 3.2 percent in the first quarter of 2019, data showed.
The Bank of England has said in the past that a rate hike would be contingent on strong wage growth pushing up inflation.
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