Negative macroeconomic statistics from the UK | 18 Abril 2019

18 Abril 2019, GBP/USD

Negative macroeconomic statistics from the UK

GBPUSD trading plan:

Negative macroeconomic statistics from the UK will have a negative impact on the value of the British currency. The ONS said consumer prices rose at an annual rate of 1.9 percent in March, the same rate as in February. A Bloomberg poll of economists had pointed to a rate of 2.0 percent. The report disappointed traders. British house prices rose at the weakest rate in six-and-a-half years in February, dragged down by London's biggest price slump in a decade as BREXIT uncertainty sent chills through the property market. BoE have said they want to see firm evidence of domestic inflation pressure - chiefly from rising wages - building before they vote to raise rates. This is a negative signal for the British currency!

Trading recommendation: Sell 1.3060 and take profit 1.3020.

David Johnson
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.