GBP/USD TECHNICAL OUTLOOK : 14.12.2016
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
GBP/USD. Pair after opening at 1.2681 made a high of 1.2728, and seen some selling from the higher levels and but the pair respected the lower levels of 1.2550 and seeing some demand at that levels so until the pair violated 1.2550 any dips shall be utilized to buy the pair, so intraday apply that strategy
Fundamental Overview
Pound is trading at 1.2654, after rallying past the 1.27 in the European session. Pound rallied following the UK November inflation data which showed CPI rising to a 2 year high of 1.2% from 0.9% in October, beating the market expectation of 1.1%. Unemployment and earning data would be important for the Pound and another positive reading would take the pair above the 1.27 mark.
Economic Data & News
TIME COUNTRY
DATA ACTUAL SURV PREVIOUS
15:00:00 GBP Average Earnings Index +Bonus (Oct) 2.30% 2.30%
15:00:00 GBP Claimant Count Change (Nov) 5.5K 9.8K
15:00:00 GBP Unemployment Rate (Oct) 4.80% 4.80%
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
Fundamental Overview
Pound is trading at 1.2654, after rallying past the 1.27 in the European session. Pound rallied following the UK November inflation data which showed CPI rising to a 2 year high of 1.2% from 0.9% in October, beating the market expectation of 1.1%. Unemployment and earning data would be important for the Pound and another positive reading would take the pair above the 1.27 mark.
Economic Data & News
TIME COUNTRY
DATA ACTUAL SURV PREVIOUS
15:00:00 GBP Average Earnings Index +Bonus (Oct) 2.30% 2.30%
15:00:00 GBP Claimant Count Change (Nov) 5.5K 9.8K
15:00:00 GBP Unemployment Rate (Oct) 4.80% 4.80%