India, April 15 -- The British pound strengthened against other major currencies in the European session on Tuesday, following the release of the upbeat U.K. labor market data for the three months ending February.
Data from the Office for National Statistics (ONS) showed that the economy added 206K new workers, which is a lot more than the 144K that were added in the three months that ended in January.
The unemployment rate was 4.4 percent in the December to February period, unchanged from the preceding period and matched economists' expectations.
Annual growth in employees' earnings excluding bonuses was 5.9 percent in December to February. This was slightly slower than the expected growth of 6.0 percent.
Including bonus, total earning...