Forecast and levels for GBP - page 28

 

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Press review

Sergey Golubev, 2023.08.24 15:42

Intra-Day Fundamentals - USD/CAD, GBP/USD and Dow Jones Industrial Average: Unites States Durable Goods Orders

2023-08-24 12:30 GMT | [USD - Durable Goods Orders]

  • past data is 4.4%
  • forecast data is 0.3%
  • actual data is -5.2% according to the latest press release

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

[USD - Durable Goods Orders] = Change in the total value of new purchase orders placed with manufacturers for durable goods.

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From rttnews article :

"With aircraft demand pulling back sharply following recent strength, the Commerce Department released a report on Thursday showing new orders for U.S. manufactured durable goods tumbled by more than expected in the month of July. The Commerce Department said durable goods orders plunged by 5.2 percent in July after surging by a revised 4.4 percent in June."

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USD/CAD: range price movement by Durable Goods Orders news events

USD/CAD: range price movement by Durable Goods Orders news events

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GBP/USD: range price movement by Durable Goods Orders news events

GBP/USD: range price movement by Durable Goods Orders news events

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Dow Jones: range price movement by Durable Goods Orders news events

Dow Jones: range price movement by Durable Goods Orders news events

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


 

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Press review

Sergey Golubev, 2023.09.19 17:35

Intra-Day Fundamentals - NZD/USD, GBP/USD and Hang Seng Index : United States Building Permits

2023-09-19 12:30 GMT | [USD - Building Permits]

  • past data is 1.44M
  • forecast data is 1.44M
  • actual data 1.54M according to the latest press release

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

[USD - Building Permits] = Annualized number of new residential building permits issued during the previous month.

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From rttnews article :

The Commerce Department said building permits surged by 6.9 percent to an annual rate of 1.543 million in August after inching up by 0.1 percent to a revised rate of 1.443 million in July.

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NZD/USD: range price movement by U.S. Building Permits news events

NZD/USD: range price movement by U.S. Building Permits news events

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GBP/USD: range price movement by U.S. Building Permits news events

GBP/USD: range price movement by U.S. Building Permits news events

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Hang Seng Index : range price movement by U.S. Building Permits news events

Hang Seng Index : range price movement by U.S. Building Permits news events

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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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Press review

Sergey Golubev, 2023.10.18 10:16

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

2023-10-18 06:00 GMT | [GBP - CPI]

  • past data is 6.7%
  • forecast data is 5.6%
  • actual data is 6.7% 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.

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From reuters article :

British consumer price inflation (CPI) held at an 18-month low of 6.7% in September, official data showed on Wednesday.

The Bank of England is still expected by financial markets to leave interest rates at 5.25% on Nov. 2, having kept them on hold in September following an unexpected drop in the August inflation rate the day before it announced its decision. 
"Progress in bringing inflation down is proving slow, with the UK generating higher levels of inflation than any other major industrialised nation," said Ian Stewart, chief economist at accountancy firm Deloitte.

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

    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:


     

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    Press review

    Sergey Golubev, 2023.11.22 16:10

    Intra-Day Fundamentals - GBP/USD and Dollar Index (DXY): Unites States Durable Goods Orders

    2023-11-22 13:30 GMT | [USD - Durable Goods Orders]

    • past data is 4.6%
    • forecast data is 0.2%
    • actual data is -5.4% according to the latest press release

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

    [USD - Durable Goods Orders] = Change in the total value of new purchase orders placed with manufacturers for durable goods.

    ==========

    From rttnews article :

    "A report released by the Commerce Department on Wednesday showed new orders for U.S. manufactured durable goods pulled back by much more than expected in the month of October. The Commerce Department said durable goods orders plunged by 5.4 percent in October after surging by 4.6 percent in September."

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    GBP/USD: range price movement by Durable Goods Orders news events

    GBP/USD: range price movement by Durable Goods Orders news events

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    Dollar Index (DXY): range price movement by Durable Goods Orders news events

    Dollar Index (DXY): range price movement by Durable Goods Orders news events

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    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, 2023.12.14 02:54

    Intra-Day Fundamentals - GBP/USD, Brent Crude Oil and Dow Jones Industrial AverageFederal Funds Rate and FOMC Statement

    2023-12-13 19:00 GMT | [USD - Federal Funds Rate]

    • past data is  5.50%
    • forecast data is 5.50%
    • actual data is 5.50% according to the latest press release

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

    [USD - Federal Funds Rate] = Interest rate at which depository institutions lend balances held at the Federal Reserve to other depository institutions overnight.

    ==========

    From official report :

    "The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent. The Committee will continue to assess additional information and its implications for monetary policy."

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    GBP/USD: range price movement by  Federal Funds Rate news events

    GBP/USD: range price movement by  Federal Funds Rate news events

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    Brent Crude Oil: range price movement by  Federal Funds Rate news events

    Brent Crude Oil: range price movement by  Federal Funds Rate news events

    ==========

    Dow Jones: range price movement by  Federal Funds Rate news events

    Dow Jones: range price movement by  Federal Funds Rate news events

    ==========

    Chart was made on MT5 with the following indicators from CodeBase:


     

    Forum on trading, automated trading systems and testing trading strategies

    Press review

    Sergey Golubev, 2023.12.14 14:11

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

    2023-12-14 12:00 GMT | [GBP - Official Bank Rate]

    • past data is 5.25%
    • forecast data is 5.25%
    • actual data is 5.25% according to the latest press release

    if actual > forecast (or previous value) = 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 release :

    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 13 December 2023, the MPC voted by a majority of 6–3 to maintain Bank Rate at 5.25%.

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      GBP/USD: range price movement by Official Bank Rate news event 

      GBP/USD: range price movement by Official Bank Rate news event

      ==========

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


       

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      Press review

      Sergey Golubev, 2024.01.17 10:00

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

      2024-01-17 07:00 GMT | [GBP - CPI]

      • past data is 3.9%
      • forecast data is 3.7%
      • actual data is 4.0% 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 :

      UK consumer price inflation picked up unexpectedly in December on alcohol and tobacco prices, data from the Office for National Statistics revealed on Wednesday. The consumer price index rose 4.0 percent on a yearly basis, slightly faster than November's 3.9 percent increase.

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        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, 2024.02.01 13:47

        GBP/USD Intra-Day FundamentalsBoE Interest Rate Decision, BoE MPC Meeting Minutes and range price movement 

        2024-02-01 12:00 GMT | [GBP - Official Bank Rate]

        • past data is 5.25%
        • forecast data is 5.25%
        • actual data is 5.25% according to the latest press release

        if actual > forecast (or previous value) = good for currency (for AUD 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.

          ==========

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

          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:


           

          Forum on trading, automated trading systems and testing trading strategies

          Press review

          Sergey Golubev, 2024.03.08 15:32

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

          2024-03-08 13:30 GMT | [USD - Non-Farm Employment Change]

          • past data is 229K
          • forecast data is 220K
          • actual data is 275K 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 275,000 in February, and the unemployment rate increased to 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, in government, in food services and drinking places, in social assistance, and in transportation and warehousing.

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

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

          ==========

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

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

          ==========

          Brent Crude Oil : range price movement by Nonfarm Payrolls news events

          Brent Crude Oil : range price movement by Nonfarm Payrolls 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:


           

          Forum on trading, automated trading systems and testing trading strategies

          Press review

          Sergey Golubev, 2024.04.05 17:10

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

          2024-04-05 12:30 GMT | [USD - Non-Farm Employment Change]

          • past data is 270K
          • forecast data is 212K
          • actual data is 303K 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 rttnews article :

          "A closely watched report released by the Labor Department on Friday showed employment in the U.S. shot up by much more than expected in the month of March. The Labor Department said non-farm payroll employment spiked by 303,000 jobs in March after surging by a downwardly revised 270,000 jobs in February."

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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

          ==========

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


          XAU/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: