Before you take seriuosly my chart below we have to review news for today:
GBP Total Trade Balance (Pounds) (MAY)
USD Unemployment Rate (JUN)
USD Change in Non-farm Payrolls (JUN)
There is a big chance that TTB will be decreased so it means that GBP may be weaker for today after the news. Therefore US will have Non farm news and of course that will effect currencies today. Global forecast for unemployment rate is that this indicator will be lower than previuos period.
NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.
USD Change in Non-farm Payrolls (JUN)
There is a big chance that TTB will be decreased so it means that GBP may be weaker for today after the news. Therefore US will have Non farm news and of course that will effect currencies today. Global forecast for unemployment rate is that this indicator will be lower than previuos period.
Take care everybody and have an great day! Don forget today is Friday!
NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.
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