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USD + GBP News Cheat Sheet 27th May - 31st May


Tuesday 28th May

USD CB Consumer Confidence @ 3.00pm

Forecast: 96.1


Tuesday 30th April

Forecast: 104.0

Actual: 97.0 (Worse than expected)

 

XAUUSD

Gold dropped 87 pips on the news





Trend - Bullish, pull back phase


Scenarios

Actual/Better (higher) - Gold Sells

Worse (lower) - Gold Buys


 


Thursday 30th May

USD Prelim GDP q/q

Forecast:1.3%

Wednesday 28th February

Forecast: 3.3%

Actual: 3.2% (Worse than expected)

 

XAUUSD

Gold pushed up 25 pips

 

 


 

Trend - Bullish and continued


Scenarios

Actual/Better (higher) - Gold Sells

Worse (lower) - Gold Buys


 

Friday 31st May

USD Core PCE Price Index m/m

Forecast: 0.2%

Friday 26th April

Forecast:0.3%

Actual:0.3%

 

XAUUSD

Gold pushed up 83 pips

 







Trend - Bullish, continuation phase


Scenarios

Actual/Better (higher) - Gold Sells

Worse (lower) - Gold Buys


 


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