Forecast and levels for GBP - page 24

 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2021.04.23 11:41

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

2021-04-23 07:00 GMT | [GBP - Retail Sales]

  • past data is 2.2%
  • forecast data is 0.5%
  • actual data is 5.4% 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 :

  • "Retail sales volumes continued to recover in March 2021, with an increase of 5.4% when compared with the previous month reflecting the effect of the easing of coronavirus (COVID-19) restrictions on consumer spending; sales were 1.6% higher than February 2020 before the impact of the coronavirus pandemic."

==========

GBP/USD M15: range price movement by Great Britain  Retail Sales news event 

GBP/USD M15: range price movement by Great Britain  Retail Sales news event

==========

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



 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2021.05.07 19:42

Intra-Day Fundamentals - Dollar Index, GBP/USD and Dow Jones Industrial AverageNon-Farm Payrolls

2021-05-07 13:30 GMT | [USD - Non-Farm Employment Change]

  • past data is 770K
  • forecast data is 990K
  • actual data is 266K according to the latest press release

if actual > forecast (or previous 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 266,000 in April, and the unemployment rate was little changed at 6.1 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains in leisure and hospitality, other services, and local government education were partially offset by employment declines in temporary help services and in couriers and messengers".

==========

Dollar Index: range price movement by Non-Farm Payrolls news events

Dollar Index: range price movement by Non-Farm Payrolls news events

==========

GBP/USD: range price movement by Non-Farm Payrolls news events

GBP/USD: range price movement by Non-Farm Payrolls news events

============

Dow Jones: range price movement by Non-Farm Payrolls news events

Dow Jones: range price movement by Non-Farm Payrolls news events

==========

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


 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2021.06.15 15:54

Intra-Day Fundamentals - Dollar Index, GBP/USD and USD/CNH: United States Retail Sales

2021-06-15 13:30 GMT | [USD - Retail Sales]

  • past data is 0.9%
  • forecast data is 0.5%
  • actual data is -1.3% according to the latest press release

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

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

==========

From marketwatch article :

  • "Retail sales fell sharply in May, suggesting the U.S. is no longer getting a big boost from massive federal fiscal stimulus, but consumers are still spending a lot more now than they did a year ago in a good omen for the economy".
  • "Sales at U.S. retailers sank 1.3% last month, the government said Tuesday. Sales were held down by fewer purchases of new cars and trucks. Automakers have struggled for months to produce enough vehicles to meet rising demand in the face of major global shortage of computer chips".
  • "If autos are excluded, retail sales fell a smaller 0.7% in May."

==========

Dollar Index (DXY): range price movement by United States Retail Sales news events

Dollar Index (DXY): range price movement by United States Retail Sales news events

==========

GBP/USD: range price movement by United States Retail Sales news events

GBP/USD: range price movement by United States Retail Sales news events

==========

USD/CNH: range price movement by United States Retail Sales news events

USD/CNH: range price movement by United States Retail Sales news events

==========

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

Same system for MT4:

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




 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2021.08.04 18:37

Intra-Day Fundamentals - Dollar IndexUSD/CNH and GBP/USD: ISM United States Non-Manufacturing Purchasing Managers Index (PMI)

2021-08-04 14:00 GMT | [USD - ISM Services PMI]

  • past data is 60.1
  • forecast data is 60.5
  • actual data is  64.1  according to the latest press release

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

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

==========

From official report :

  • "The Services PMI® registered another all-time high of 64.1 percent, which is 4 percentage points higher than the June reading of 60.1 and eclipses the previous record of 64 percent in May 2021. The July reading indicates the 14th straight month of growth for the services sector, which has expanded for all but two of the last 138 months".

==========

Dollar Index (DXY): range price movement by ISM Services PMI  news events

Dollar Index (DXY): range price movement by ISM Services PMI  news events

==========

USD/CNH: range price movement by ISM Services PMI  news events

USD/CNH: range price movement by ISM Services PMI  news events

==========

GBP/USD: range price movement by ISM Services PMI  news events

GBP/USD: range price movement by ISM Services PMI  news events

==========

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

Same system for MT4:

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



 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2021.08.17 18:56

Intra-Day Fundamentals - GBP/USD, AUD/USD and USD/CNH: United States Retail Sales

2021-08-17 12:30 GMT | [USD - Retail Sales]

  • past data is 0.7%
  • forecast data is 0.1%
  • actual data is -1.1% according to the latest press release

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

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

==========

From marketwatch article :

  • U.S. stocks fell Tuesday, threatening to end a five-day run of record finishes for the Dow Jones Industrial Average and S&P 500 indexes, after July retail sales came in weaker than expected.
  • U.S. stocks recovered Monday from early losses, and the S&P 500 notched its 49th record close of 2021. The S&P 500 and Dow Jones Industrial Average each established a fifth straight record close, while the Nasdaq Composite weakened by 0.2%.
  • Retail sales fell 1.1% in July, and were down 0.4% after excluding autos. Economists polled by The Wall Street Journal had penciled in a 0.3% monthly drop in sales in July, or a 0.2% gain when autos are excluded.

    ==========

    GBP/USD : range price movement by United States Retail Sales news events

    GBP/USD : range price movement by United States Retail Sales news events

    ==========

    AUD/USD : range price movement by United States Retail Sales news events

    AUD/USD : range price movement by United States Retail Sales news events

    ==========

    USD/CNH: range price movement by United States Retail Sales news events

    USD/CNH: range price movement by United States Retail Sales news events

    ==========

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


     

    Forum on trading, automated trading systems and testing trading strategies

    Press review

    Sergey Golubev, 2021.09.23 13:25

    GBP/USD Intra-Day Fundamentals: Bank of England (BoE) Interest Rate Decision and range price movement 

    2021-09-23 11:00 GMT | [GBP - Official Bank Rate]

    • past data is 0.10%
    • forecast data is 0.10%
    • actual data is 0.10% according to the latest press release

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

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

    ==========

    From official report :

    • "The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 22 September 2021, the Committee judged that the existing stance of monetary policy remained appropriate. The MPC voted unanimously to maintain Bank Rate at 0.1%. The Committee voted unanimously for the Bank of England to maintain the stock of sterling non-financial investment-grade corporate bond purchases, financed by the issuance of central bank reserves, at £20 billion. The Committee voted by a majority of 7-2 for the Bank of England to continue with its existing programme of UK government bond purchases, financed by the issuance of central bank reserves, maintaining the target for the stock of these government bond purchases at £875 billion and so the total target stock of asset purchases at £895 billion."

    ==========

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

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

    ==========

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

    Same system for MT4: 

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



     

    Check out this analysis


     

    Forum on trading, automated trading systems and testing trading strategies

    Press review

    Sergey Golubev, 2021.10.28 15:50

    Intra-Day Fundamentals - EUR/USD, GBP/USD and USD/CAD: United States Gross Domestic Product (GDP)

    2021-10-28 12:30 GMT | [USD - GDP]

    • past data is 6.7%
    • forecast data is 6.7%
    • actual data is 2.0% according to the latest press release

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

    [USD - GDP] = Annualized change in the inflation-adjusted value of all goods and services produced by the economy.

    ==========

    From official report :

    • "Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the third quarter of 2021 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 6.7 percent".

    ==========

    EUR/USD: range price movement by  United States Gross Domestic Product news events

    EUR/USD: range price movement by  United States Gross Domestic Product news events

    ==========

    GBP/USD: range price movement by  United States Gross Domestic Product news events

    GBP/USD: range price movement by  United States Gross Domestic Product news events

    ==========

    USD/CAD: range price movement by  United States Gross Domestic Product news events

    USD/CAD: range price movement by  United States Gross Domestic Product news events

    ==========

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

    Same system for MT4:

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



     

    Forum on trading, automated trading systems and testing trading strategies

    Press review

    Sergey Golubev, 2021.11.04 15:28

    Intra-Day Fundamentals - GBP/USD and FTSE 100:  Bank of England (BoE) Interest Rate Decision and range price movement 

    2021-11-04 12:00 GMT | [GBP - Official Bank Rate]

    • past data is 0.10%
    • forecast data is 0.10%
    • actual data is 0.10% according to the latest press release

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

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

    ==========

    From official report :

    • "The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 2 November 2021, the Committee judged that the existing stance of monetary policy remained appropriate. The MPC voted by a majority of 7-2 to maintain Bank Rate at 0.1%. The Committee voted unanimously for the Bank of England to maintain the stock of sterling non-financial investment-grade corporate bond purchases, financed by the issuance of central bank reserves, at £20 billion. The Committee voted by a majority of 6-3 for the Bank of England to continue with its existing programme of UK government bond purchases, financed by the issuance of central bank reserves, maintaining the target for the stock of these government bond purchases at £875 billion and so the total target stock of asset purchases at £895 billion".

    ==========

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

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

    ==========

    FTSE 100: range price movement by BoE Interest Rate Decision news event 

    FTSE 100: range price movement by BoE Interest Rate Decision news event

    ==========

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

    Same system for MT4: 

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

     

    Forum on trading, automated trading systems and testing trading strategies

    Press review

    Sergey Golubev, 2021.12.03 14:50

    Intra-Day Fundamentals - GBP/USD, AUD/USD and BTC/USD: United States Nonfarm Payrolls

    2021-12-03 13:30 GMT | [USD - Non-Farm Employment Change]

    • past data is 546K
    • forecast data is 553K
    • actual data is 210K 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 210,000 in November, and the unemployment rate fell by 0.4 percentage point to 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, transportation and warehousing, construction, and manufacturing. Employment in retail trade declined over the month".


    ==========

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

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

    ==========

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


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

    ==========

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

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

    ==========

    The chart was made on MT5 with standard indicators of Metatrader 5 as well as the following indicators from CodeBase:


    Reason: