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Tomorrow we have UK CPI due out at 4:30am eastern expected at 0%. My focus will be the CPI (MoM) and I will be looking for .2% deviation to trade this. If the release comes out higher than expected by .2% or more I will go long on the GBP/USD, if the release comes out .2% lower or more than I will go short on the GBP/USD. I would expect to see about 30 pips on this trade.
Next we have TIC coming out of the US at 9:00am eastern which is expected at 65b. I will only trade this if it deviates from the expected number by 10b or more. A higher than expected number signals a sell on the GBP/USD and a lower than expected number signals a buy on the GBP/USD. Again I will be looking for around 30 pips. Best of Luck!!!
Dustin is recognized as one of the top Forex traders and education authorities in the world today. As the President of Forex Traders Daily he has helped thousands of traders learn how to profitably trade the Forex market. Dustin's goal is to help you achieve your financial goals faster and easier than you ever imagined. You can follow him and Forex Traders Daily on: <a href="https://twitter.com/YourDlyAnalysis">Twitter</a>, <a href="https://www.facebook.com/ForexTradersDaily/">Facebook</a>, and <a href="https://www.youtube.com/user/forextradersdaily/featured">Youtube</a>.
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Author: Dustin Pass
Dustin is recognized as one of the top Forex traders and education authorities in the world today. As the President of Forex Traders Daily he has helped thousands of traders learn how to profitably trade the Forex market. Dustin's goal is to help you achieve your financial goals faster and easier than you ever imagined. You can follow him and Forex Traders Daily on: Twitter, Facebook, and Youtube.
