GBPUSD News Trading

The British Pound Sterling against the United States Dollar (£/$) –Nickname Cable

CENTRAL BANK	BoE	FED
FOREIGN CURRENCY RESERVES	10.135 Million USD	41.901 Million USD

GBPUSD is the third most traded currency pair in the world after EURUSD and USDJPY and accounts about 17% of the total Foreign Exchange daily volume. GBPUSD is traded most during the time overlap of the London and New York sessions.

 

GBP Important Economic Releases

(1) Interest rate decisions » Bank of England

(2) UK GDP - GDP Growth Rate in the United Kingdom is reported by the » UK Office for National Statistics.

(3) UK CPI – the UK Consumer Price Index is also found as the Harmonized Index of Consumer Prices (HICP). The inflation rate in the United Kingdom is reported by the » UK Office for National Statistics.

(4) Inflation Letter – In any month, if the UK inflation deviates from the target by more than 1%, the Governor of the Bank of England is required to write an open letter to the Chancellor explaining the reasons for this deviation and to propose an action plan.

(5) UK Unemployment (UK Claimant Count Change) –It is released monthly by the UK Office for National Statistics.

(6) Trade Balance -Balance of Trade in the United Kingdom is reported by the » UK Office for National Statistics.

(7) UK PMI (Purchasing Managers Indices) –It is a report about the sentiment of the UK’s purchasing managers. It includes Manufacturing, Services, and Construction. Manufacturing PMI in the United Kingdom is reported by the » Markit Economics.

(8) Retail Sales -Retail Sales from Month to Month is reported too by the Office for National Statistics.

 

USD Important Economic Releases

(1) Interest rate decisions » FED releases

(2) GDP releases

The GDP figures are released by the Bureau of Economic Analysis on the last day of each quarter at 8:30 AM EST.

(3) Non-Farm Payrolls

It is released by the » US Bureau of Labor Stats on the first Friday after the conclusion of the month of reference at 8:30 AM EST.

(4) National CPI

(5) Retail Sales

Retail sales are released by the » Census Bureau and the » Department of Commerce on a monthly basis (previous month). The figure is released about the 13th of each calendar month at 8:30 AM EST.

(6) Trade Balance / Current Account

The Trade Balance is released by the » Bureau of Economic Analysis -BEA every 2 months. The date is 6 weeks after the end of the month of reference at 8:30 AM EST.

(7) Industrial Production

The Federal Reserve Board announces the US industrial production around the 16th of each calendar month at 9:15 AM EST

(8) New Houses

» US Calendar Outlook

 

FOREX BROKER	GBPUSD SPREADS	TECHNOLOGY	ACCOUNT	INFORMATION
► LQDFX EXECUTION: ECN/STP US TRADERS: NO FOUNDATION: 2015	GBPUSD SPREADS: 1.4 pip COMMISSIONS: NO PAMM Accounts Free VPS	PLATFORMS □ MetaTrader4 SCALPING: YES FX ASSETS: 70+ forex pairs	LEVERAGE: 1:500 $50 Minimum Deposit Amount WELCOME BONUS: 100%	WEB-SITE: ► Visit the Broker's Website REVIEW: ► Review the Broker at TradingCenter

 

□ GBPUSD News Trading

Forex-Rebates.com