Positioning the label in Labeled Graphics

The Graphic Labeled Block is a nice feature but I rarely use it because there is no way to position the labels precisely and, most of the time, they end up hiding the part of image they're supposed to explain.

When the marker is on the right, part of the image is hidden.

Same thing when the marker is on the left.

It would be nice to have some control over the position and size of the labels.

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