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Forex News This Week for USD + GBP 19th February - 23rd February



Thursday 22nd February

GBP Flash Manufacturing/Services PMI

Forecast: 47.5/54.5


24th January GBP Flash PMIs

Wednesday 24th January

Forecast: 46.7/53.1

Actual: 47.3/53.8 (Better than expected)

 

GBPJPY

GJ pushed 81 pips on the news before reversing

 



Trend - Ranging at the highs


Scenarios

Actual/Better (higher) -GBPJPY Buys

Worse (lower) - GBPJPY Sells


 

USD Flash Manufacturing/Services PMI @ 2.45pm

Forecast: 50.1/52.0


24th January USD Flash PMIs

Wednesday 24th January

Forecast: 47.6/51.4

Actual: 50.3/52.9 (Better than expected)

 

XAUUSD

Gold dropped 60 pips on the news and continued bearish for the rest of the session

 

Trend - Ranging and moved bearish


Scenarios

Actual/Better (higher) - Gold Sells

Worse (lower) - Gold Buys


 


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