United States NFIB Business Optimism Index came in at 98.2, below expectations (98.3) in October

GBP/USD regains composure and trade with marginal gains in the 1.3170-1.3180 band on Tuesday, reversing the earlier pullback to the 1.3120 area. Data showed the UK’s Unemployment Rate rose to 5% in the three months to September, with employment down by 22K over the same period. The soft figures have fuelled expectations of a BoE rate cut, putting pressure on the quid.

Source: https://www.fxstreet.com/news/united-states-nfib-business-optimism-index-came-in-at-982-below-expectations-983-in-october-202511111100