Handle the StatusTextChanged event for WebBrowser, where you get the StatusText property value and assign it to the Text property of your status label.
You can find a code example in help page for StatusText property if you need that.
There's no actual link. You simply handle the ProgressChanged event of the WebBrowser and then set the properties of your ToolStripProgressBar. My Tabbed Web Browser thread can provide an example, although your situation is likely to be slightly simpler if you only have one WebBrowser.
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