Forecast and levels for GBP - page 23

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Sergey Golubev, 2020.10.29 14:46

Intra-Day Fundamentals - GBP/USD, USD/CNH and Brent Crude Oil: United States Gross Domestic Product (GDP)

2020-10-20 13:30 GMT | [USD - GDP]

  • past data is -31.4%
  • forecast data is -37.9%
  • actual data is 33.1% 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 33.1 percent in the third quarter of 2020 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP decreased 31.4 percent."

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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

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

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

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Brent Crude Oil: range price movement by  United States Gross Domestic Product news events

Brent Crude Oil: 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

 
Where do you see GBP/USD heading if a Brexit deal is agreed to next week? Personally, I think we're heading towards 1.40. This would bring GBP/USD back to levels last seen 2 years ago. Look forward to your opinion.
 

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Sergey Golubev, 2020.11.20 10:43

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

2020-11-20 07:00 GMT | [GBP - Retail Sales]

  • past data is 1.4%
  • forecast data is -0.2%
  • actual data is 1.2% 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 October 2020, retail sales volumes increased by 1.2% when compared with September; the sixth consecutive month of growth in the industry."

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


 

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Sergey Golubev, 2020.12.10 10:01

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

2020-12-10 07:00 GMT | [GBP - GDP]

  • past data is 1.1%
  • forecast data is 0.6%
  • actual data is 0.4% 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 :

  • "GDP grew by 0.4% in October 2020, the sixth consecutive monthly increase, although growth has slowed in recent monthsMonthly index, January 2007 to October 2020, 2018 = 100."

==========

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

==========

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


 

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Sergey Golubev, 2021.01.08 17:57

Intra-Day Fundamentals - GBP/USD, USD/CAD and GOLD (XAU/USD): Wholesale Inventories

2021-01-08 15:00 GMT | [USD - Wholesale Inventories]

  • past data is -0.1%
  • forecast data is -0.1%
  • actual data is 0.0% according to the latest press release

[USD - Wholesale Inventories] = Change in the total value of goods held in inventory by wholesalers.

==========

From kfgo article :

  • "The Commerce Department estimated last month that wholesale inventories dipped 0.1% in November. Stocks at wholesalers surged 1.3% in October. The component of wholesale inventories that goes into the calculation of gross domestic product fell 0.1% in November. Inventories decreased 2.1% in November from a year earlier."

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GBP/USD: range price movement by Wholesale Inventories news events

GBP/USD: range price movement by Wholesale Inventories news events

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USD/CAD: range price movement by Wholesale Inventories news events


USD/CAD: range price movement by Wholesale Inventories news events


==========

GOLD (XAU/USD): range price movement by Wholesale Inventories news events

GOLD (XAU/USD): range price movement by Wholesale Inventories 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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Sergey Golubev, 2021.01.15 15:52

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

2021-01-15 13:30 GMT | [USD - Core Retail Sales]

  • past data is -1.3%
  • forecast data is 0.0%
  • actual data is -1.4% according to the latest press release

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

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

==========

From reuters article :

  • "U.S. retail sales declined further in December as renewed measures to slow the spread of COVID-19 undercut spending at restaurants and reduced traffic to shopping malls, the latest sign the economy lost considerable speed at the end of 2020. Retail sales dropped 0.7% last month, the Commerce Department said on Friday. Data for November was revised down to show sales declining 1.4% instead of 1.1% as previously reported. Economists polled by Reuters had forecast retail sales unchanged in December."

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

ollar Index (DXY): range price movement by United States Retail Sales Ex Autos news events

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

==========

USD/JPY: range price movement by United States Retail Sales Ex Autos news events

USD/JPY: range price movement by United States Retail Sales Ex Autos news events

==========

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, 2021.01.26 10:30

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

2021-01-26 07:00 GMT | [GBP - Claimant Count Change]

  • past data is 38.1K
  • forecast data is 150.3K
  • actual data is 7.0K 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 official report :

  • "The UK employment rate, in the three months to November 2020, was estimated at 75.2%, 1.1 percentage points lower than a year earlier and 0.4 percentage points lower than the previous quarter."
  • "The UK unemployment rate, in the three months to November 2020, was estimated at 5.0%, 1.2 percentage points higher than a year earlier and 0.6 percentage points higher than the previous quarter."
  • "The Claimant Count increased slightly in December 2020, to 2.6 million; this includes both those working with low income or hours and those who are not working."

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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

==========

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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Sergey Golubev, 2021.02.10 16:29

Intra-Day Fundamentals - EUR/USD, USD/CAD and GBP/USD: United States  Consumer Price Index (CPI)

2021-02-10 13:30 GMT | [USD - Core CPI]

  • past data is 0.0%
  • forecast data is 0.4%
  • actual data is 0.0% according to the latest press release

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

[USD - Core CPI] = Change in the price of goods and services purchased by consumers, excluding food and energy.

==========

From official report :

  • "The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.4 percent before seasonal adjustment.The index for all items less food and energy was unchanged in January. The indexes for apparel, medical care, shelter, and motor vehicle insurance all increased over the month. The indexes for recreation, used cars and trucks, airline fares, and new vehicles all declined in January. "

==========

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

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

==========

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

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

==========

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

==========

Charts were 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 

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

 

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Sergey Golubev, 2021.03.05 16:33

Intra-Day Fundamentals - GBP/USD, USD/CAD and USD/CNH: United States Nonfarm Payrolls

2021-03-05 13:30 GMT | [USD - Non-Farm Employment Change]

  • past data is 166K
  • forecast data is -137K
  • actual data is 379K 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 379,000 in February, and the unemployment rate was little changed at 6.2 percent, the U.S. Bureau of Labor Statistics reported today. The labor market continued to reflect the impact of the coronavirus (COVID-19) pandemic. In February, most of the job gains occurred in leisure and hospitality, with smaller gains in temporary help services, health care and social assistance, retail trade, and manufacturing. Employment declined in state and local government education, construction, and mining."

==========

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

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

==========

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

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

==========

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

USD/CNH: 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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Sergey Golubev, 2021.03.23 12:41

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

2021-03-23 07:00 GMT | [GBP - Claimant Count Change]

  • past data is -20.8K
  • forecast data is 9.0K
  • actual data is 86.6K 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 official report :

  • "The UK employment rate was estimated at 75.0%, 1.5 percentage points lower than a year earlier and 0.3 percentage points lower than the previous quarter."
  • "The UK unemployment rate was estimated at 5.0%, 1.1 percentage points higher than a year earlier and 0.1 percentage points higher than the previous quarter."

==========

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



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