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Manufacturing Production

Discussion in 'Market Predictions and Reports' started by NDUKA VIVIAN CHINWE, Jun 10, 2010.

  1. NDUKA VIVIAN CHINWE

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    Hello all,

    Today was another good day but it would have been better if both ECB and BOE increased shocked us by increasing their rates or ASSET PURCHASE FACILITY.
    Tomorrow we will be looking at Manufacturing Production in England and Manufacturing makes up around 80% of total Industrial Production and tends to dominate the market impact.Its expected that the Manufacturing Production for this month will go down by about 1.7%. Our surprise factor is 0.4%, if the ACTUAL is 1.0% or Higher, BUY GBP/USD and place a target of 60pips but if the ACTUAL is 0.2% or Lower, SELL GPB/USD and place a target of 60pips. This news has about 80% accuracy when our surprise factor is hit. GOD BLESS...:)
     

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