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USD + GBP News This Week November 13th - November 17th

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Tuesday 14th November

GBP Claimant Count Change @ 7.00am

Forecast: 15.0K


Tuesday 24th October

Forecast: 2.3K

Actual: 20.K (Worse than expected)


GBPJPY

Small bearish drop then the news candle retraced and closed weak bullish



Trend - Bearish and trend continued


Scenarios

Actual/Worse than expected(lower) - GBPJPY Buys

Better than expected(higher) - GBPJPY Sells

 

USD CPI y/y @ 1.00pm

Forecast: 3.3%


Thursday 12th October

Forecast: 3.6%

Actual: 3.7% (Better than expected)

XAUUSD

Gold dropped bearish on the news




Trend - Bullish, deep bearish pullback after news


Scenarios

Actual/Better than expected(higher) - Gold Sells

Worse than expected(lower) - Gold Buys


 

Wednesday 15th November

GBP CPI y/y @ 7.00am

Forecast: 4.7%


Wednesday 18th October

Forecast: 6.6%

Actual: 6.7% (Better than expected)

GBPJPY

GJ pushed bullish on the news and

retested resistance before retracing the move



Trend - Ranging and continued to range after news


Scenarios

Actual/Better than expected(higher) - GBPJPY Buys

Worse than expected(lower) - GBPJPY Sells


 

USD Empire State Manufacturing Index @ 1.30pm

Forecast: -2.7


Monday 16th October

Forecast:-6.4

Actual: -4.6 (Better than expected)

XAUUSD

Gold made a small top wick and dropped bearish before slight retracing the move and ranging for the rest of the day



Scenarios

Actual/Better than expected(higher) - Gold Sells

Worse than expected(lower) - Gold Buys


 

USD PPI m/m

Forecast: 0.1%


Wednesday 11th October

Forecast: 0.3%

Actual: 0.5% (Better than expected)

XAUUSD

Gold dropped bearish then reversed and closed bullish


Trend - Bullish and continued after news


Scenarios

Actual/Better than expected(higher) - Gold Sells

Worse than expected(lower) - Gold Buys


 

USD Retail Sales m/m

Forecast: -0.3%


Tuesday 17th October

Forecast: 0.3%

Actual: 0.7% (Better than expected)

XAUUSD

Gold dropped bearish on the news and

rejected m30 support closing weak bearish



Scenarios

Actual/Better than expected(higher) - Gold Sells

Worse than expected(lower) - Gold Buys


 

Friday 17th November

GBP Retail Sales m/m

Forecast: 0.3%


Friday 20th October

Actual: -0.3%

Forecast: -0.9% (Worse than expected)

GBPJPY

GJ dropped bearish on the news, touching the lows


Trend - Ranging - GJ continued to trade within the range


Scenarios

Actual/Better than expected(higher) - GBPJPY Buys

Worse than expected(lower) - GBPJPY Sells

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