June brought an unexpected weakening of the British labor market. According to the survey, the labor availability index jumped to its highest since 2020, reflecting a rise in the number of job seekers. This is one of the sharpest jumps since the pandemic. Demand for employees and starting salaries are falling, reinforcing expectations of a rate cut by the Bank of England soon. Experts emphasize: the situation does not indicate a sharp recession, but rather high uncertainty in the business environment. On Thursday, the authorities will publish data on wages, which may confirm the slowdown in income growth. Amid the signals received by the market, the GBP/USD pair is under selling pressure and is preparing to test the nearest support, which can be met when approaching the area: 1,3370-1,3420.