Pound to Euro Exchange Rate Forecast: GBP Price Dips Amid Soft Jobs Data

  • Looking forward, the focus on Tuesday was the UK's latest labour market overview, which put negative pressure on the Pound Sterling. Markets expected to see a rise in UK unemployment, with the jobless rate forecast to edge up from 4.5% to 4.6% in the three months to April – its highest level since August 2021, when the British economy.