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USD + GBP News Cheat Sheet 20th May - 24th May


Wednesday 22nd May

GBP CPI y/y @ 7.00am

Forecast: 2.1%

Wednesday 17th April

Forecast: 3.1%

Actual: 3.2% (Better than expected)


GBPJPY

GJ pushed 38 pips on the news and continued bullish into

London open

 


Trend - Ranging and stayed within the range


Scenarios

Actual/Better(higher) - GBPJPY Buys

Worse(lower) - GBPJPY Sells


 

Thursday 23rd May

GBP Flash Manufacturing/Services PMI

Forecast: 49.5/54.7

Tuesday 23rd April

Forecast:50.3/53.0

Actual:48.7/54.9 (Mixed data)

 

GBPJPY

GJ pushed bullish 34 pips then retraced and closed weak bearish

 



Trend - Bullish break out of range


Scenarios

Actual/Better (higher) -GBPJPY Buys

Worse (lower) - GBPJPY Sells



 

USD Flash Manufacturing/Services PMI

Forecast: 50.1/51.5



Tuesday 23rd April

Forecast:52.0/52.0

Actual:49.9/50.0 (Worse than expected)

 

XAUUSD

Gold pushed 140pips bullish on the news

 

Trend - Bullish, bearish pull back


Scenarios

Actual/Better (higher) - Gold Sells

Worse (lower) - Gold Buys



 

Friday 24th May

GBP Retail Sales @ 7.00am

Forecast: -0.6%

Friday 19th April

Forecast:0.3%

Actual:0.0% (Worse than expected)

 

GBPJPY

GJ whipsawed dropping 28 pips and then pushing up 20 pips closing weak bullish

 


Trend - Ranging and dropped bearish to the bottom of the range


Scenarios

Actual/Better (higher) -GBPJPY Buys

Worse (lower) - GBPJPY Sells

 

USD Revised UoM Consumer Sentiment @ 3.00pm

Forecast: 67.7


Friday 26th April

Forecast: 77.9

Actual: 77.2 (Worse than expected)

 

XAUUSD

Gold pushed bullish 39 pips then dropped 27 pips down closing bearish



Scenarios

Actual/Better (higher) - Gold Sells

Worse (lower) -Gold Buys

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