UK Jobless Claims Unexpectedly Fell in November

On December 16, employment data from the UK surprised the market. Jobless claims unexpectedly fell by 6,000 when analysts were waiting for more than 12,000 increase. It was the first decline since February. Unemployment rate however rose to 7.9 percent, in line with expectations. Sterling appreciated in response and I managed to take profit by buying the pound against the dollar just minutes after the report.