Forex Signal (Tue, Dec 1, 04:28 am EST) UK Manufacturing PMI

[Felix Homogratus]

Hi there

This is Felix with a potentially profitable trading opportunity...

Tuesday, December 1st (04:28 am New York Time) UK

We have UK Manufacturing PMI coming out. It is expected to read 53.8. Last month it read 53.7.

I recommend trading GBP/USD for this report.

Please read what this indicator means and how it affects the GBP/USD by going to this link: https://www.forexpeacearmy.com/fore...r-descriptions/7326-uk-manufacturing-pmi.html

The trigger for this indicator is 1.5. This means that if UK Manufacturing PMI comes out at 55.3 or higher, GBP/USD will probably go up by 30 pips or more in the first 45 minutes of the report. If it comes out at 52.3 or lower, GBP/USD will probably go down by 30 pips or more in the first 45 minutes of the report.

Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move.

To read my after-spike retracement strategy for this report click here: https://www.forexpeacearmy.com/fore...ing-pmi-after-spike-retracement-strategy.html

For example: on November 2nd, UK Manufacturing PMI came out at 53.7, versus an expectation of 50. GBP/USD went up by around 75 pips. See for yourself what happened on this chart: Forex news trading currency exchange charts

I highly recommend you study the entire history and charts of this report by following this link: Forex News Trading | Details and History for GBP Manufacturing PMI

As always, wait for my email this Saturday, where I will review all successful trades of the week.

I hope you make some money on this report.
-Felix