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4hr Anchor hrly updates For the Sterlin

Discussion in 'Personal Trade Journals' started by kasim ijelu, Mar 30, 2011.

  1. kasim ijelu

    kasim ijelu Private, 1st Class

    Joined:
    Mar 11, 2009
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    Index of Services
    Actual -0.50%
    Forecast -0.90%
    Previous -0.60% &
    CBI Distributive Trades Survey
    Actual 15.00
    Forecast -1.00
    Previous 6.00
    What next then


    The US
    The ADP National Employment Report
    Actual
    forecast 210.00k
    Previous 217.00k


    The ADP National Employment Report is a measure of the monthly change of nonfarm private employment, based on a subset of aggregated and anonymous payroll data that represents approximately 400,000 U.S. business clients. This release, 2 days before the government-released employment data , is a good predictive to the government's non-farm payrolls data. The change in this indicator can be very volatile.
    A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.

    Then the GBP
    The Gfk Consumer Confidence

    The Gfk Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict the consumer spending, which is a major part in the total economic activity. Higher readings point to higher consumer optimism.
    A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected read should be taken as negative/bearish for the GBP.
    Actual -
    Forecast 210.00K
    Previous 217.00K
    see chart you already have the 4hr Chart if not vist blog
    Timeless Trading
     

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