[UK Wage Growth Slows and Employment Weakens, GBP/USD Declines] Data from the UK Office for National Statistics shows that the average wage excluding bonuses for the three months ending in September slightly decreased year-on-year to 4.6%, down from the previous month's growth rate of 4.7%, in line with market expectations. Job positions decreased in October, and the unemployment rate rose to its highest level since March 2021. The Bank of England maintained interest rates at 4% last week and hinted at a possible reduction in borrowing costs in December. Following the release of the data, GBP/USD fell from 1.3155 to 1.3120.