Forecast and levels for GBP - page 25

 

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Sergey Golubev, 2021.12.16 18:02

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

2021-12-16 12:00 GMT | [GBP - Official Bank Rate]

  • past data is 0.10%
  • forecast data is 0.10%
  • actual data is 0.25% 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 15 December 2021, the MPC voted by a majority of 8-1 to increase Bank Rate by 0.15 percentage points, to 0.25%. 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 also voted unanimously to maintain the stock of UK government bond purchases, financed by the issuance of central bank reserves, at £875 billion, and so the total target stock of asset purchases at £895 billion".

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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 BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5:


 

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Sergey Golubev, 2022.02.03 17:44

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

2022-02-03 12:00 GMT | [GBP - Official Bank Rate]

  • past data is 0.25%
  • forecast data is 0.50%
  • actual data is 0.50% 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 February 2022, the MPC voted by a majority of 5-4 to increase Bank Rate by 0.25 percentage points, to 0.5%. Those members in the minority preferred to increase Bank Rate by 0.5 percentage points, to 0.75%. The Committee voted unanimously for the Bank of England to begin to reduce the stock of UK government bond purchases, financed by the issuance of central bank reserves, by ceasing to reinvest maturing assets. The Committee also voted unanimously for the Bank of England to begin to reduce the stock of sterling non-financial investment-grade corporate bond purchases, financed by the issuance of central bank reserves, by ceasing to reinvest maturing assets and by a programme of corporate bond sales to be completed no earlier than towards the end of 2023 that should unwind fully the stock of corporate bond purchases."

==========

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 BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5:


 

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Sergey Golubev, 2022.02.15 10:46

GBP/USD Intra-Day Fundamentals: UK Unemployment Change and range price movement  

2022-02-15 07:00 GMT | [GBP - Claimant Count Change]

  • past data is -51.6K
  • forecast data is 23.2K
  • actual data is -31.9K according to the latest press release

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

[GBP - Claimant Count Change] = Change in the number of people claiming unemployment-related benefits during the previous month.

==========

From rttnews article :

" The UK unemployment rate remained unchanged in three months to December, the Office for National Statistics said on Tuesday. "

==========

GBP/USD: range price movement by UK Unemployment Change news event 

GBP/USD: range price movement by UK Unemployment Change 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

 
15-02-2022


GBP/USD
 rebounding towards 1.3578
The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (1.3523) but below its 50 period moving average (1.3535).

 

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Sergey Golubev, 2022.03.15 14:40

GBP/USD Intra-Day Fundamentals: UK Unemployment Change and range price movement  

2022-03-15 07:00 GMT | [GBP - Claimant Count Change]

  • past data is -67.3K
  • forecast data is 20.3K
  • actual data is -48.1K according to the latest press release

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

[GBP - Claimant Count Change] = Change in the number of people claiming unemployment-related benefits during the previous month.

==========

From rttnews article :

"In February, payrolled employees showed another monthly increase of 275,000 to a record 29.7 million. Further, jobless claims declined sharply by 48,100 in February from the last month. The claimant count fell to seasonally adjusted 4.4 percent from 4.5 percent in January".

==========

GBP/USD: range price movement by UK Unemployment Change news event 

GBP/USD: range price movement by UK Unemployment Change news event

==========

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

==========

Same systems for MT4/MT5:

The beginning

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

After


 

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Press review

Sergey Golubev, 2022.03.17 14:06

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

2022-03-17 12:00 GMT | [GBP - Official Bank Rate]

  • past data is 0.50%
  • forecast data is 0.75%
  • actual data is 0.75% 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 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 16 March 2022, the MPC voted by a majority of 8-1 to increase Bank Rate by 0.25 percentage points, to 0.75%. One member preferred to maintain Bank Rate at 0.5%."

==========

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 BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5:


 

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Press review

Sergey Golubev, 2022.03.25 09:42

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

2022-03-25 07:00 GMT | [GBP - Retail Sales]

  • past data is 1.9%
  • forecast data is 0.6%
  • actual data is -0.3% 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 fell by 0.3% in February 2022 following a rise of 1.9% (unrevised) in January 2022; sales volumes were 3.7% above their pre-coronavirus (COVID-19) February 2020 levels".
  • "Non-store retailing sales volumes fell by 4.8% over the month following strong growth in December (2.7%) and January (4.0%); sales volumes were 33.2% above their pre-coronavirus February 2020 levels".
  • "Food store sales volumes fell by 0.2% in February 2022 with large falls in alcohol and tobacco stores, which may be linked to higher spending in pubs and restaurants as confidence increased in going out; food store sales volumes were 0.1% below pre-coronavirus February 2020 levels".

==========

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

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

==========

Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5:


 

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Press review

Sergey Golubev, 2022.04.12 14:33

GBP/USD Intra-Day Fundamentals: UK Unemployment Change and range price movement  

2022-04-12 06:00 GMT | [GBP - Claimant Count Change]

  • past data is -58.0K
  • forecast data is -41.1K
  • actual data is -46.9K according to the latest press release

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

[GBP - Claimant Count Change] = Change in the number of people claiming unemployment-related benefits during the previous month.

==========

From rttnews article :

"The UK unemployment declined in three months to February and job vacancies rose to a new record high, the Office for National Statistics said Tuesday. The jobless rate fell 0.2 percent points from the previous quarter to 3.8 percent in three months to February. The rate came in line with expectations. At the same time, the employment rate was largely unchanged at 75.5 percent, but remained below the pre-pandemic level".

==========

GBP/USD: range price movement by UK Unemployment Change news event 

GBP/USD: range price movement by UK Unemployment Change 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, 2022.04.22 12:58

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

2022-04-22 06:00 GMT | [GBP - Retail Sales]

  • past data is -0.5%
  • forecast data is 0.1%
  • actual data is -1.4% according to the latest press release

if actual > forecast (or previous value) = 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 rttnews article :

"UK retail sales declined more than expected in March and the falling trend is likely to continue as consumer confidence fell near record low in April amid rising inflation and interest rates. Retail sales dropped 1.4 percent on a monthly basis, largely due to the 7.9 percent fall in non-store retailing".

==========

GBP/USD: range price movement by UK Retail Sales news event 

GBP/USD: range price movement by UK Retail Sales news event

==========

Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5:


 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2022.05.05 14:11

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

2022-05-05 11:00 GMT | [GBP - Official Bank Rate]

  • past data is 0.75%
  • forecast data is 1.00%
  • actual data is 1.00% 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 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 4 May 2022, the MPC voted by a majority of 6-3 to increase Bank Rate by 0.25 percentage points, to 1%".

==========

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 BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5:


Reason: