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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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.
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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.
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by Henry Liu on November 23, 2010
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 0.8% Previous 0.8%
ACTION: GBP/USD BUY 1.1% SELL 0.5%
The Trade Plan
Since this is the second release of the 3rd 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 0.8% and previous release of 0.8% (Prelim GDP), we may not get a surprise release after all.
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by Henry Liu on October 25, 2010
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 0.4% Previous 1.2%
ACTION: (GBP/USD) BUY 0.6% SELL 0.2%
The Trade Plan
Our deviation for today’s trade is 0.2% to SELL and 0.2% to BUY. We’ll look to possibly SELL GBP/USD at 0.2% of release figure or worse; BUY GBP/USD at 0.6% of release figure or better. This will be the 4th consecutive quarter of positive GDP release from UK.
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by Henry Liu on August 26, 2010
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 1.1% Previous 1.1%
ACTION: GBP/USD BUY 1.4% SELL 0.8%
The Trade Plan
Since this is the second release of the 2nd 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 1.1% and previous release of 1.1% (Prelim GDP on July 26th), we may not get a surprise release after all.
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by Henry Liu on July 22, 2010
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 0.6% Previous 0.3%
ACTION: (GBP/USD) BUY 0.8% SELL 0.3%
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