Finotec News Archive - August 30 2007
GBP/USD
GBP/USD Daily Technical ReportsRodian Rahnayev 
30 August 2007
Add to bookmark:
Print this article
Subscribe to RSS
Price has continued to soar almost negating the shooting star reversal pattern on the daily charts from Monday and Tuesday. Monday’s 2.0190 high is the level to watch with a break above negating the prospects for a lower top and opening a fresh upside extension. Inability to take out the latter will keep the pressure on the downside.
Finotec Analysis Team
30 August 2007
Print this articleSelect Your Time Zone
Today's Economic Events
Time  |
Event |
Currency
|
Period | Previous | Forecast |
Significance
|
Actual | |
|---|---|---|---|---|---|---|---|---|
| 12:30 | GDP Annualized q/q (r) | USD | 3.4% | 4.0% |  | 4.0% |  | |
| 12:30 | GDP Deflator Annualized q/q (r) | USD | 2.7% | 2.7% | | 2.7% | | |
| 12:30 | Core PCE Q2 | USD | 1.4% | 1.4% |  | 1.3% | | |
| 12:30 | Unemployment Claims | USD | Weekly | 322K | 322K | | 334 | |
| 10:00 | CBI Distributive Trades Realized | GBP | Aug | 18 | 14 |  | 15 | |
| 08:30 | Consumer Spending | GBP | Jul | 0.874B | 0.875B | | 1.095bln | |
| 06:00 | Nationwide House Prices m/m | GBP | Aug | 0.1% | 0.5% | | 0.6% | |
Real Time Forex Quotes
| Contract | Bid | Ask | Time | Change |
|---|---|---|---|---|
| GBP/USD | 1.8209 | 1.8212 | 20:59:45 | -0.00% |