Forecast and levels for GBP - page 26

 

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Press review

Sergey Golubev, 2022.05.17 11:20

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

2022-05-17 06:00 GMT | [GBP - Claimant Count Change]

  • past data is -81.6K
  • forecast data is 7.4K
  • actual data is -56.9K 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 jobless rate declined to the lowest since 1974 in the first quarter amid record job vacancies that reflect the tightening labor market conditions despite the slowdown in the economy, data published by the Office for National Statistics showed on Tuesday".

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

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

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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, 2022.05.20 13:19

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

2022-05-20 06:00 GMT | [GBP - Retail Sales]

  • past data is -1.2%
  • forecast data is -0.3%
  • actual data is 1.4% 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 rose by 1.4% in April 2022 following a fall of 1.2% in March 2022 (revised from a fall of 1.4%); sales volumes were 4.1% above their pre-coronavirus (COVID-19) February 2020 levels. Looking more broadly, in the three months to April 2022, sales volumes fell by 0.3% when compared with the previous three months; this continues the downward trend since summer 2021".

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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

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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, 2022.05.24 13:23

GBP/USD Intra-Day Fundamentals: S&P Global/CIPS United Kingdom Services Purchasing Managers Index (PMI) and range price movement 

2022-05-24 08:30 GMT | [GBP -  Flash Services PMI]

  • past data is 58.9
  • forecast data is 58.7
  • actual data is 51.8 according to the latest press release

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

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

==========

From official report :

"Service providers signalled the greatest loss of momentum in May (index at 51.8, down from 58.9 in April), with survey respondents often noting that economic and geopolitical uncertainty had contributed to a slowdown in client demand. However, many businesses in the travel, leisure and events sector still commented on strong growth conditions due to a rapid recovery from pandemic restrictions".

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GBP/USD M15: range price movement by Great Britain Flash Services PMI news event 

GBP/USD M15: range price movement by Great Britain Flash Services PMI news event

==========

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


 

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Press review

Sergey Golubev, 2022.06.14 14:49

Intra-Day Fundamentals - GBP/USDUSD/JPY and GOLD (XAU/USD)United States Producer Price Index

2022-06-14 12:30 GMT | [USD - PPI]

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

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

[USD - PPI] = Change in the price of finished goods and services sold by producers.

==========

From official report :

"The Producer Price Index for final demand increased 0.8 percent in May, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 0.4 percent in April and 1.6 percent in March. (See table A.) On an unadjusted basis, final demand prices moved up 10.8 percent for the 12 months ended in May".

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GBP/USD M5: range price movement by United States Producer Price Index news events

GBP/USD M5: range price movement by United States Producer Price Index news events

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USD/JPY M5: range price movement by United States Producer Price Index news events

USD/JPY M5: range price movement by United States Producer Price Index news events

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

GOLD (XAU/USD): range price movement by United States Producer Price Index news events

GOLD (XAU/USD): range price movement by United States Producer Price Index news events

==========

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, 2022.06.16 13:54

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

2022-06-16 11:00 GMT | [GBP - Official Bank Rate]

  • past data is 1.00%
  • forecast data is 1.25%
  • actual data is 1.25% 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 June 2022, the MPC voted by a majority of 6-3 to increase Bank Rate by 0.25 percentage points, to 1.25%. Those members in the minority preferred to increase Bank Rate by 0.5 percentage points, to 1.5%".

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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 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

 

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Press review

Sergey Golubev, 2022.07.13 16:23

Intra-Day Fundamentals - GBP/USD, Dollar Index (DXY) and S&P 500 : United States  Consumer Price Index (CPI)

2022-07-13 12:30 GMT | [USD - CPI]

  • past data is 1.0%
  • forecast data is 1.1%
  • actual data is 1.3% according to the latest press release

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

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

==========

From official report :

"The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.3 percent in June on a seasonally adjusted basis after rising 1.0 percent in May, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 9.1 percent before seasonal adjustment".

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

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

==========

Dollar Index (DXY): range price movement by United States  Consumer Price Index news event


Dollar Index (DXY): range price movement by United States  Consumer Price Index news event

==========

S&P 500 : range price movement by United States  Consumer Price Index news event 

S&P 500 : range price movement by United States  Consumer Price Index news event

==========

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

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

 

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Press review

Sergey Golubev, 2022.08.05 15:40

Intra-Day Fundamentals - GBP/USD, NZD/USD and Dollar Index (DXY) : United States Nonfarm Payrolls

2022-08-05 12:30 GMT | [USD - Non-Farm Employment Change]

  • past data is 398K
  • forecast data is 250K
  • actual data is 250K 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 528,000 in July, and the unemployment rate edged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, led by gains in leisure and hospitality, professional and business services, and health care. Both total nonfarm employment and the unemployment rate have returned to their February 2020 pre-pandemic levels".

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

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

==========

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


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

==========

Dollar Index (DXY) : range price movement by Nonfarm Payrolls news events

Dollar Index (DXY) : range price movement by Nonfarm Payrolls 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

 

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Press review

Sergey Golubev, 2022.08.12 12:29

GBP/USD Intra-Day Fundamentals: UK Gross Domestic Product (GDP) and range price movement  

2022-08-10 06:00 GMT | [GBP - GDP]

  • past data is 0.4%
  • forecast data is -1.2%
  • actual data is -0.6% according to the latest press release

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

[GBP - GDP] = Change in the total value of all goods and services produced by the economy.

==========

From official report :

"Gross domestic product (GDP) fell by 0.6% in June 2022, after growth of 0.4% in May 2022 (revised down from 0.5%), and was up 1.9% in the 12 months to June 2022."

==========

GBP/USD: range price movement by UK Gross Domestic Product (GDP) news event 

GBP/USD: range price movement by UK Gross Domestic Product (GDP) 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, 2022.08.17 14:39

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

2022-08-17 07:00 GMT | [GBP - CPI]

  • past data is 9.4%
  • forecast data is 9.8%
  • actual data is 10.1% 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 rttnews article :

"Deepening the cost of living crisis, UK consumer price inflation accelerated further in July to the highest since 1982 on surging food and fuel prices, adding pressure on the Bank of England to tighten the policy again despite the looming recession. Consumer price inflation rose to 10.1 percent in July from 9.4 percent in June, the latest data from the Office for National Statistics showed on Wednesday".

    ==========

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

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

    ==========

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


     

    Forum on trading, automated trading systems and testing trading strategies

    Press review

    Sergey Golubev, 2022.09.12 09:15

    GBP/USD Intra-Day Fundamentals: UK Gross Domestic Product (GDP) and range price movement  

    2022-09-12 06:00 GMT | [GBP - GDP]

    • past data is -0.6%
    • forecast data is 0.3%
    • actual data is 0.2% according to the latest press release

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

    [GBP - GDP] = Change in the total value of all goods and services produced by the economy.

    ==========

    From official report :

    "Gross domestic product (GDP) is estimated to have grown by 0.2% in July 2022 following a fall of 0.6% in June 2022 ..."

    ==========

    GBP/USD: range price movement by UK Gross Domestic Product (GDP) news event 

    GBP/USD: range price movement by UK Gross Domestic Product (GDP) 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

    Reason: