GBP/USD Intra-Day Fundamentals - UK Current Account and range price movement - General

Sergey Golubev 2019.09.30 12:02 #171

Forum on trading, automated trading systems and testing trading strategies

Sergey Golubev, 2019.09.30 14:01

GBP/USD Intra-Day Fundamentals: UK Current Account and range price movement

2019-09-30 08:30 GMT | [GBP - Current Account]

past data is -33.1B
forecast data is -19.2B
actual data is -25.2B according to the latest press release

if actual > forecast (or previous value) = good for currency (for GBP in our case)

[GBP - Current Account] = Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous quarter.

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From official report :

"The UK current account deficit narrowed by £7.9 billion to £25.2 billion in Quarter 2 (Apr to June) 2019, or 4.6% of gross domestic product (GDP)."
"The UK total trade deficit halved to £11.4 billion in Quarter 2 (Apr to June) 2019 as imports returned to normal levels; this equates to 2.1% of GDP and was the main contributor to the UK’s narrowing current account deficit."
"The primary income deficit widened by £3.7 billion to £7.1 billion, or 1.3% of GDP in Quarter 2 (Apr to June) 2019; this was because of increased payments to foreign investors on their direct investments in the UK."

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GBP/USD: range price movement by UK Current Account news event

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Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

MaksiGen_Range_Move MTF - indicator for MetaTrader 5
ASCtrend - indicator for MetaTrader 5
Ichimoku Cloud - indicator for MetaTrader 5
Quick ZigZag plus DiNapoli - indicator for MetaTrader 5
GMMA - indicator for MetaTrader 5
Vortex - indicator for MetaTrader 5

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Same systems for MT4/MT5:

The beginning

ASCTrend system, the beginning, part #1
ASCTrend system, the beginning, part #2
ASCTrend system, the beginning, part #3
ASCTrend system, the beginning, part #4
Digital ASCTrend (Digital Filters with ASCTrend system combined).
LabTrend (LabTrend indicators, LabTrendZigZag, templates, Labtrend EAs) - the thread

After

The main AscTrend thread is this one.
Asctrend indicator in depth
ASCTREND SYSTEM summary (good EAs included)
Brainwashing system/AscTrend system (MT5) - the thread

Press review Forecast and levels for Forecast and levels for

Sergey Golubev 2019.10.29 14:20 #172

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2019.10.29 15:15

Intra-Day Fundamentals - GBP/USD and USD/JPY: CB Consumer Confidence

2019-10-29 14:00 GMT | [USD - CB Consumer Confidence]

past data is 125.1
forecast data is 128.2
actual data is 125.9 according to the latest press release

if actual > forecast (or previous value) = good for currency (for USD in our case)

[USD - CB Consumer Confidence] = Level of a composite index based on surveyed households.

==========

From official report :

"The Conference Board Consumer Confidence Index® decreased marginally in October, following a decline in September. The Index now stands at 125.9 (1985=100), down from 126.3 in September. The Present Situation Index – based on consumers’ assessment of current business and labor market conditions – increased from 170.6 to 172.3. The Expectations Index – based on consumers’ short-term outlook for income, business and labor market conditions – declined from 96.8 last month to 94.9 this month."
"Consumer confidence was relatively flat in October, following a decrease in September,” said Lynn Franco, Senior Director of Economic Indicators at The Conference Board. “The Present Situation Index improved, but Expectations weakened slightly as consumers expressed some concerns about business conditions and job prospects. However, confidence levels remain high and there are no indications that consumers will curtail their holiday spending."

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GBP/USD: range price movement by CB Consumer Confidence news events

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USD/JPY: range price movement by CB Consumer Confidence news events

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The chart was made on MT5 with standard indicators of Metatrader 5 together with following indicators:

MaksiGen_Range_Move MTF - indicator for MetaTrader 5
ColorSchaffTriXTrendCycle - indicator for MetaTrader 5

Forecast and levels for Press review Forecast and levels for

Sergey Golubev 2019.11.07 13:55 #173

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2019.11.07 14:51

GBP/USD Intra-Day Fundamentals: BoE Interest Rate Decision, BoE Monetary Policy Vote Cut and range price movement

2019-11-07 12:00 GMT | [GBP - BoE Interest Rate Decision]

past data is 0.75%
forecast data is 0.75%
actual data is 0.75% according to the latest press release

if actual > forecast (or previous value) = good for currency (for GBP in our case)

[GBP - BoE Interest Rate Decision] = Interest rate at which the BOE lends to financial institutions overnight.

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From official report :

"Our Monetary Policy Committee has voted by a majority of 7-2 to maintain Bank Rate at 0.75%. The committee also voted unanimously to maintain the stock of corporate bond purchases and UK government bond purchases."

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GBP/USD: range price movement by BoE Interest Rate Decision news event

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Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

MaksiGen_Range_Move MTF - indicator for MetaTrader 5
ColorSchaffTriXTrendCycle - indicator for MetaTrader 5
Ichimoku Cloud - indicator for MetaTrader 5

Same system for MT4:

Brainwashing. Trades: manually and using EAs (MT4)
Brainwashing EAs - the thread (MT4)
Brainwashing: system setup for trading manually and for EAs (MT4) - the thread
Brainwashing: system development (MT4) - the thread

Press review Stock Market A To Forecast and levels for

Sergey Golubev 2019.11.13 10:00 #174

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2019.11.13 10:57

GBP/USD Intra-Day Fundamentals: UK Consumer Price Index (CPI) and range price movement

2019-11-12 09:30 GMT | [GBP - CPI]

past data is 1.7%
forecast data is 1.6%
actual data is 1.5% according to the latest press release

if actual > forecast (or previous value) = good for currency (for GBP in our case)

[GBP - CPI] = Change in the price of goods and services purchased by consumers.

==========

From official report :

"The Consumer Prices Index including owner occupiers’ housing costs (CPIH) 12-month inflation rate was 1.5% in October 2019, down from 1.7% in September 2019."
"The largest downward contribution to change in the CPIH 12-month inflation rate, between September and October 2019, came from electricity, gas and other fuels as a result of changes to the energy price cap."
"The Consumer Prices Index (CPI) 12-month inflation rate was 1.5% in October 2019, down from 1.7% in September 2019."

==========

GBP/USD: range price movement by UK Consumer Price Index news event

==========

The chart was made on MT5 with standard indicators of Metatrader 5 together with following indicators:

MaksiGen_Range_Move MTF - indicator for MetaTrader 5
ColorSchaffTriXTrendCycle - indicator for MetaTrader 5

Press review Forecast for Q3'16 - Forecast for Q1'17 -

Sergey Golubev 2019.11.19 05:38 #175

Forum on trading, automated trading systems and testing trading strategies

GBPUSD outlook

ForexOnlineTrading, 2019.11.18 22:29

Hello, do you have in your forum also topics where people share actual market outlook for a underlying, if yes let me know the link to GBPUSD topic, otherwise i would like to use this new topic to share sometimes my outlook.

For today, GBP price seems to find resistance and at around 1.2902 we have a gap to fill, so i think a move down to 1.29 is good possible.

Automating binary options using Whole numbers indicator for How to download the

Sergey Golubev 2019.11.22 10:44 #176

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2019.11.22 11:42

GBP/USD Intra-Day Fundamentals: UK Purchasing Managers' Index (PMI) and range price movement

2019-11-22 09:30 GMT | [GBP - Manufacturing PMI]

past data is 49.6
forecast data is 49.0
actual data is 48.3 according to the latest press release

if actual > forecast (or previous value) = good for currency (for GBP in our case)

[GBP - Manufacturing PMI] = Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.

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From official report :

"The IHS Markit/CIPS Flash UK Manufacturing Purchasing Managers’ Index® (PMI®) – a composite single-figure indicator of manufacturing performance – registered 48.3 in November, down from 49.6 in October. This index has posted below the neutral 50.0 threshold in each month since May."
"Worsening manufacturing sector conditions mainly reflected lower levels of output, new orders and employment in November. An additional drag on the headline PMI was the sharpest fall in stocks of purchases since June 2018, which goods producers attributed to a reversal of stock building ahead of the 31st October Brexit deadline."

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GBP/USD: range price movement by UK Purchasing Managers' Index (PMI) news event

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Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

MaksiGen_Range_Move MTF - indicator for MetaTrader 5
ColorSchaffTriXTrendCycle - indicator for MetaTrader 5
Ichimoku Cloud - indicator for MetaTrader 5

Same system for MT4:

Brainwashing. Trades: manually and using EAs (MT4)
Brainwashing EAs - the thread (MT4)
Brainwashing: system setup for trading manually and for EAs (MT4) - the thread
Brainwashing: system development (MT4) - the thread

Press review Forecast and levels for Forecast and levels for

Sergey Golubev 2019.12.04 16:42 #177

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2019.12.04 17:37

Intra-Day Fundamentals - EUR/USD, GBP/USD and USD/CNH: ISM Non-Manufacturing PMI

2019-12-04 15:00 GMT | [USD - ISM Non-Manufacturing PMI]

past data is 54.7
forecast data is 54.5
actual data is 53.9 according to the latest press release

if actual > forecast (or previous good for currency (for USD in our case)

[USD - ISM Non-Manufacturing PMI] = Level of a diffusion index based on surveyed purchasing managers, excluding the manufacturing industry.

==========

From official report :

"The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management® (ISM®) Non-Manufacturing Business Survey Committee: “The NMI® registered 53.9 percent, which is 0.8 percentage points lower than the October reading of 54.7 percent. This represents continued growth in the non-manufacturing sector, at a slightly slower rate. The Non-Manufacturing Business Activity Index decreased to 51.6 percent, 5.4 percentage points lower than the October reading of 57 percent, reflecting growth for the 124th consecutive month."

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EUR/USD: range price movement by ISM Non-Manufacturing PMI news events

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GBP/USD: range price movement by ISM Non-Manufacturing PMI news events

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USD/CNH: range price movement by ISM Non-Manufacturing PMI news events

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The charts were made on MT5 with standard indicators of Metatrader 5

Forecast and levels for Forecast and levels for Press review

Sergey Golubev 2020.01.10 14:18 #178

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2020.01.10 15:11

Intra-Day Fundamentals - GBP/USD, USD/JPY and GOLD (XAU/USD): United States Nonfarm Payrolls

2020-01-10 13:30 GMT | [USD - Non-Farm Employment Change]

past data is 256K
forecast data is 162K
actual data is 145K according to the latest press release

if actual > forecast (or previous value) = good for currency (for USD in our case)

[USD - Non-Farm Employment Change] = Change in the number of employed people during the previous month, excluding the farming industry.

==========

From official report :

"Total nonfarm payroll employment rose by 145,000 in December, and the unemployment rate was unchanged at 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in retail trade and health care, while mining lost jobs."

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GBP/USD: range price movement by Nonfarm Payrolls news events

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USD/JPY: range price movement by Nonfarm Payrolls news events

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GOLD (XAU/USD): range price movement by Nonfarm Payrolls news events

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Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

MaksiGen_Range_Move MTF - indicator for MetaTrader 5
ColorSchaffTriXTrendCycle - indicator for MetaTrader 5

Same system for MT4:

Brainwashing. Trades: manually and using EAs (MT4)
Brainwashing EAs - the thread (MT4)
Brainwashing: system setup for trading manually and for EAs (MT4) - the thread
Brainwashing: system development (MT4) - the thread

Forecast and levels for Forecast and levels for Press review

Sergey Golubev 2020.01.15 10:19 #179

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2020.01.15 11:17

GBP/USD Intra-Day Fundamentals: UK Consumer Price Index (CPI) and range price movement

2020-01-15 09:30 GMT | [GBP - CPI]

past data is 1.5%
forecast data is 1.5%
actual data is 1.3% according to the latest press release

if actual > forecast (or previous value) = good for currency (for GBP in our case)

[GBP - CPI] = Change in the price of goods and services purchased by consumers.

==========

From official report :

"The Consumer Prices Index including owner occupiers’ housing costs (CPIH) 12-month inflation rate was 1.4% in December 2019, down from 1.5% in November 2019.""The Consumer Prices Index (CPI) 12-month rate was 1.3% in December 2019, down from 1.5% in November 2019."

==========

GBP/USD: range price movement by UK Consumer Price Index news event

==========

Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

MaksiGen_Range_Move MTF - indicator for MetaTrader 5
Ichimoku Cloud - indicator for MetaTrader 5
ASCtrend - indicator for MetaTrader 5
Ichimoku Cloud - indicator for MetaTrader 5
AbsoluteStrengthMarket - indicator for MetaTrader 5

Press review Forecast and levels for Forecast and levels for

Sergey Golubev 2020.01.17 13:07 #180

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2020.01.17 14:04

GBP/USD Intra-Day Fundamentals: Great Britain Retail Sales and range price movement

2020-01-17 09:30 GMT | [GBP - Retail Sales]

past data is -0.8%
forecast data is 0.5%
actual data is -0.6% according to the latest press release

if actual > forecast (or previous good for currency (for GBP in our case)

[GBP - Retail Sales] = Change in the total value of inflation-adjusted sales at the retail level.

==========

From official report :

"In the three months to December 2019, the quantity bought in retail sales decreased by 1.0% when compared with the previous three months."
"All sectors except household goods stores and fuel saw a decline in the quantity bought for the three-month on three-month movement; driven mainly by non-food stores at negative 1.0%."
"The quantity bought in December 2019 fell by 0.6% when compared with the previous month; the fifth consecutive month of no growth."

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GBP/USD M5: range price movement by Great Britain Retail Sales news event

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The chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

MaksiGen_Range_Move MTF - indicator for MetaTrader 5
ColorSchaffTriXTrendCycle - indicator for MetaTrader 5

Same system for MT4:

Brainwashing. Trades: manually and using EAs (MT4)
Brainwashing EAs - the thread (MT4)
Brainwashing: system setup for trading manually and for EAs (MT4) - the thread
Brainwashing: system development (MT4) - the thread

Press review Forecast and levels for Forecast and levels for

Forecast and levels for GBP - page 18