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USD + GBP News This Week October 16th - October 20th

Monday 16th October

USD Empire State Manufacturing Index @ 1.30pm

Forecast: -6.4


15th September USD ESMI

Friday 15th September

Forecast: -9.9

Actual: 1.9 (Better than expected)


XAUUSD

Small bearish drop on old down to support which was respected




Scenarios

Actual/Better than expected(higher) - Gold Sells

Worse than expected(lower) - Gold Buys


 

Tuesday 17th October

GBP Claimant Count Change @ 7.00am

Forecast: 2.3K


12th September GBP Claimant Count

Tuesday 12th September

Forecast: 17.1K

Actual: 0.9K (worse than expected)


GBPJPY

Spiked up on the news and then retraced

closing with a M30 rejection candle



Scenarios

Actual/Worse then expected(lower) - GBPJPY Buys

Better than expected(higher) - GBPJPY Sells


 

USD Retail Sales m/m @ 1.30pm

Forecast: 0.3%


14th September USD Retail Sales

Thursday 14th September

Forecast: 0.1%

Actual: 0.6% (Better than expected)


XAUUSD

Gold dropped bearish and made a low for the day




Scenarios

Actual/Better than expected(higher) - Gold Sells

Worse than expected(lower) - Gold Buys


 

Wednesday 18th October

GBP CPI y/y @ 7.00am

Forecast: 6.6%


20th September GBP CPI

Wednesday 20th September

Forecast: 7.0%

Actual: 6.7% (Worse then expected)


GBPJPY

GBPJPY dropped on the news and made a low for the day before retracing and ranging


Scenarios

Actual/Better than expected(higher) - GBPJPY Buys

Worse than expected(lower) - GBPJPY Sells


 

Friday 20th October

GBP Retail Sales m/m @ 7.00am

Forecast: -0.3%


22nd September GBP Retail Sales

Friday 22nd September

Forecast: 0.5%

Actual: 0.4%

(worse than expected)


GBPJPY

Low volume and the M30 closed as a small bullish doji candle





Scenarios

Actual/Better than expected(higher) - GBPJPY Buys

Worse than expected(lower) - GBPJPY Sells


 


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