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Forex News Trading UK Prelim GDP q/q 04/27/11

by Henry Liu on April 26, 2011

UK quarterly GDP release is always a high impact report. With this being the Prelim release, or the first release of three, we are likely to see more market participation. Here is the forecast number:

4:30am (NY Time) UK Revised GDP q/q Forecast 0.5% Previous -0.5%
ACTION: GBP/USD BUY 0.8% SELL 0.2%

The Trade Plan
Our deviation for today’s trade is 0.3% to SELL and 0.3% to BUY. We’ll look to possibly SELL GBP/USD at 0.2% of release figure or worse; BUY GBP/USD at 0.8% of release figure or better.


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Forex News Trading UK CPI y/y 04/12/11

by Henry Liu on April 11, 2011

We’ll be trading the UK Consumer Price Index (CPI) release at 4:30am NY Time today. We’ll be looking at the yearly release figure and the market could react with lots of volatility as CPI is the basic measurement of Inflation, therefore expect to see more exaggerated moves if we get a huge surprise release. Here is the forecast:

4:30am NY Time UK CPI y/y Forecast 4.4% Previous 4.4%
ACTION: GBP/USD BUY 4.7%    SELL 4.1%


1 comment


We’ll be trading the UK Consumer Price Index (CPI) release at 5:30am NY Time today. We’ll be looking at the yearly release figure and the market could react with lots of volatility as CPI is the basic measurement of Inflation, therefore expect to see more exaggerated moves if we get a huge surprise release. Here is the forecast:

5:30am NY Time UK CPI y/y Forecast 4.2% Previous 4.0%
ACTION: GBP/USD BUY 4.5% SELL 3.9%


2 comments


Forex News Trading UK Revised GDP q/q 02/25/11

by Henry Liu on February 25, 2011

Revised GDP q/q, or better known as the 2nd quarterly GDP release, is going to be the focus today. Here is the forecast:

4:30am (NY Time) UK Revised GDP q/q Forecast -0.5% Previous -0.5%
ACTION: GBP/USD BUY 0.0% SELL -0.8%

The Trade Plan
Since this is the second release of the 4th quarter GDP, we’re not likely to get a huge surprise as most 2nd releases are pretty much inline. However, judging from the expected release of -0.5% and previous release of -0.5% (Prelim GDP), we may not get a surprise release after all.


2 comments


Forex News Trading UK CPI y/y 02/15/11

by Henry Liu on February 14, 2011

We’ll be trading the UK Consumer Price Index (CPI) release at 4:30am NY Time today. We’ll be looking at the yearly release figure and the market could react with lots of volatitility as CPI is the basic measurement of Inflation, therefore expect to see more exaggerated moves if we get a huge surprise release. Here is the forecast:

4:30am NY Time UK CPI y/y Forecast 4.0% Previous 3.7%
ACTION: GBP/USD BUY 4.3% SELL 3.6%


1 comment


Forex News Trading UK Prelim GDP q/q 01/25/11

by Henry Liu on January 24, 2011

UK quarterly GDP release is always a high impact report. With this being the Prelim release, or the first release of three, we are likely to see more market participation. Here is the forecast number:

UK Prelim GDP q/q Forecast 0.5% Previous 0.7%
ACTION: (GBP/USD) BUY 0.8% SELL 0.2%

The Trade Plan
Our deviation for today’s trade is 0.3% to SELL and 0.3% to BUY. We’ll look to possibly SELL GBP/USD at 0.2% of release figure or worse; BUY GBP/USD at 0.8% of release figure or better.


3 comments


Forex News Trading UK CPI y/y 01/18/11

by Henry Liu on January 17, 2011

We’ll be trading the UK Consumer Price Index (CPI) release at 4:30am NY Time today. We’ll be looking at the yearly release figure and the market could react with lots of volatitility as CPI is the basic measurement of Inflation, therefore expect to see more exaggerated moves if we get a huge surprise release. Here is the forecast:

4:30am NY Time UK CPI y/y Forecast 3.3% Previous 3.3%
ACTION: GBP/USD BUY 3.5% SELL 3.0%


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