British Workers Get Biggest Pay Raise in 10 Years
In early 2019, UK employers offered the sharpest pay hikes in a decade.
The latest official data indicates a 3.4% increase in British workers’ pay – the fastest pace in over 10 years. This stands in contrast with economic challenges related to Brexit.
Median annual wage deals for this month was at 2.8 percent, compared with awards of 2.0 percent in December, according to preliminary figures collected by pay data firm XpertHR.
UK unemployment is at its lowest rate since the mid-1970s. The Bank of England has said that it expects pay growth to increase, and is likely to increase interest rates gradually against labor market tightening.
EWU in upward trend: 10-day moving average moved above 50-day moving average on July 06, 2026
The 10-day moving average for EWU crossed bullishly above the 50-day moving average on July 06, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on July 22, 2026. You may want to consider a long position or call options on EWU as a result. In of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for EWU just turned positive on June 29, 2026. Looking at past instances where EWU's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
EWU moved above its 50-day moving average on July 02, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EWU advanced for three days, in of 321 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 340 cases where EWU Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 62 cases where EWU's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EWU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
EWU broke above its upper Bollinger Band on July 02, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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