Date<\/th>\n	Event<\/th>\n	Instruments<\/th>\n	Importance<\/th>\n <\/tr>\n <\/thead>\n
Tue, Sep 8<\/td>\n	China Trade Balance + Australia NAB Business Confidence<\/td>\n	AUD\/USD, Iron Ore, Copper<\/td>\n	●● Medium<\/span><\/td>\n <\/tr>\n
Wed, Sep 9<\/td>\n	China CPI<\/td>\n	AUD\/USD, Copper<\/td>\n	● Low<\/span><\/td>\n <\/tr>\n
Thu, Sep 10<\/td>\n	ECB Rate Decision<\/td>\n	EUR\/USD, European bonds, DAX<\/td>\n	●●● High<\/span><\/td>\n <\/tr>\n
Fri, Sep 11<\/td>\n	US CPI<\/td>\n	US 500, USD Index<\/a>, US Treasuries<\/td>\n	●●● High<\/span><\/td>\n <\/tr>\n
Fri, Sep 11<\/td>\n	UK GDP, m\/m<\/td>\n	GBP\/USD, FTSE 100, UK gilts<\/td>\n	●● Medium<\/span><\/td>\n <\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n\n \n \n \n Instant Access to Global Markets with RoboForex MobileTrader<\/div>\n Everything you need for successful trading in one app: currencies, metals, oil, stocks<\/a>, indices.<\/div>\n <\/div>\n \n Telegram<\/a>\n Google Play<\/a>\n App Store<\/a>\n <\/div>\n <\/div>\n \n\n \n <\/span>\n \n \n \n 8<\/div>\n Sep<\/div>\n <\/div>\n \n China & Australia · Trade and Business Sentiment · Tuesday<\/div>\n <\/span>China Trade Balance and Australia NAB Business Confidence<\/span><\/h2>\n <\/div>\n <\/div>\n\n \n \n China Trade Balance, Forecast<\/div>\n 120.0 billion USD<\/div>\n <\/div>\n <\/div>\n \n Previous<\/div>\n 112.5 billion USD<\/div>\n <\/div>\n <\/div>\n \n \n NAB Business Confidence, Forecast<\/div>\n -8<\/div>\n <\/div>\n <\/div>\n \n Previous<\/div>\n -6<\/div>\n <\/div>\n <\/div>\n\n \n Why It Matters<\/div>\n China is Australia's main trading partner<\/a>, so Chinese foreign trade data has a visible effect on the Australian dollar. Exports and imports give a read on world trade and on demand for raw materials, above all iron ore and industrial metals. The NAB index covers the other side of the same question, the mood of Australian business itself, and the consensus of -8 after -6 points to sentiment weakening. Chinese inflation follows on Wednesday as a read on domestic demand.<\/p>\n <\/div>\n \n Market Reaction<\/div>\n A trade surplus above 120.0 billion USD alongside a NAB print better than the forecast would support AUD\/USD and lift iron ore and copper with it. Chinese figures that point to cooling would return pressure to the Australian dollar quickly, whatever the domestic sentiment number does.<\/p>\n <\/div>\n\n Market Sentiment<\/h3>\n The view on the Australian dollar stays moderately positive<\/strong>, held up by strong commodity prices. On the chart, AUD\/USD holds near the highs of recent weeks after a strong upward move. Price stays above the middle Bollinger band and MACD<\/a> keeps a positive impulse, though the stochastic<\/a> has started to leave overbought territory, which warns of a possible local correction. Holding above 0.7215 confirms the advance continues toward 0.7285. A return below 0.7178 would be the first sign of buyers losing strength.<\/p>\n\n $\"AUD\/USD$ <\/a> AUD\/USD H4 chart ahead of the China trade balance and NAB business confidence releases. Source: RoboForex. Past performance is not indicative of future results.<\/figcaption><\/figure>\n\n \n Key Levels and Trade Parameters — AUD\/USD<\/h3>\n \n \n \n Parameter<\/th> Value<\/th><\/tr><\/thead>\n Resistance<\/td> 0.7215 \/ 0.7285<\/td><\/tr>\n Support<\/td> 0.7178<\/td><\/tr>\n Entry, Buy Stop<\/a><\/td> 0.7215<\/td><\/tr>\n Stop loss<\/a><\/td> 0.7178<\/td><\/tr>\n Take profit<\/a><\/td> 0.7285<\/td><\/tr>\n Risk to reward<\/td> 1:1.9<\/td><\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n <\/div>\n\n \n Trade Now<\/a>\n <\/div>\n <\/div>\n \n\n \n <\/span>\n \n \n \n 10<\/div>\n Sep<\/div>\n <\/div>\n \n Eurozone · Central Bank · Thursday<\/div>\n <\/span>ECB Rate Decision<\/span><\/h2>\n <\/div>\n <\/div>\n\n \n \n Deposit Rate, Forecast<\/div>\n 2.50%<\/div>\n <\/div>\n <\/div>\n \n Previous<\/div>\n 2.25%<\/div>\n <\/div>\n <\/div>\n \n \n ECB Key Rate, Forecast<\/div>\n 2.65%<\/div>\n <\/div>\n <\/div>\n \n Previous<\/div>\n 2.40%<\/div>\n <\/div>\n <\/div>\n\n \n Why It Matters<\/div>\n Thursday is the week's main event for European financial markets. A 25 basis point rise on both the deposit rate and the key rate is close to fully priced, which moves the whole question onto the comments from Christine Lagarde and the updated staff assessments of the Eurozone economy. A signal that the tightening cycle still has room to run would give the euro extra support. More cautious wording on the steps after this one would instead bring profit-taking after the recent strengthening of the European currency.<\/p>\n <\/div>\n \n Market Reaction<\/div>\n Firm guidance from the press conference would lift EUR\/USD and push European government bond yields higher, with the DAX under pressure from the prospect of tighter policy. Cautious wording would send the euro toward 1.1510 and support European stocks. The decision itself is close to priced, so the reaction belongs to the press conference.<\/p>\n <\/div>\n\n Market Sentiment<\/h3>\n The market is treating the decision far more calmly than the press conference that follows it. The signals<\/a> on the path of rates from here are what drives the euro up to the Fed meeting later in the month. On the chart, EUR\/USD trades around 1.1610 after leaving an ascending channel and stays below the recent local highs. Price holds near the middle Bollinger band, MACD keeps a negative impulse, and the stochastic continues to fall out of the neutral zone, which points to weakening short-term demand. Soft ECB rhetoric would add pressure and take the pair to support at 1.1510. A return above 1.1655 would be the first sign of the upward impulse recovering.<\/p>\n\n $\"EUR\/USD$ <\/a> EUR\/USD H4 chart ahead of the ECB rate decision. Source: RoboForex. Past performance is not indicative of future results.<\/figcaption><\/figure>\n\n \n Key Levels and Trade Parameters — EUR\/USD<\/h3>\n \n \n \n Parameter<\/th> Value<\/th><\/tr><\/thead>\n Resistance<\/td> 1.1655<\/td><\/tr>\n Support<\/td> 1.1590 \/ 1.1510<\/td><\/tr>\n Entry, Sell Stop<\/td> 1.1590<\/td><\/tr>\n Stop loss<\/td> 1.1655<\/td><\/tr>\n Take profit<\/td> 1.1510<\/td><\/tr>\n Risk to reward<\/td> 1:1.2<\/td><\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n <\/div>\n\n \n Trade Now<\/a>\n <\/div>\n <\/div>\n \n\n \n <\/span>\n \n \n \n 11<\/div>\n Sep<\/div>\n <\/div>\n \n USA · Inflation · Friday<\/div>\n <\/span>US CPI<\/span><\/h2>\n <\/div>\n <\/div>\n\n \n \n Headline CPI, Forecast (y\/y)<\/div>\n 3.4%<\/div>\n <\/div>\n <\/div>\n \n Previous<\/div>\n 3.4%<\/div>\n <\/div>\n <\/div>\n \n \n Core CPI, Forecast (y\/y)<\/div>\n 2.5%<\/div>\n <\/div>\n <\/div>\n \n Previous<\/div>\n 2.5%<\/div>\n <\/div>\n <\/div>\n\n \n Why It Matters<\/div>\n This is the last major inflation report before the September Fed meeting, which is what gives it the power to settle expectations for the path of US rates. The US CPI forecast is unchanged on both lines, 3.4% headline and 2.5% core, and that is the detail worth holding onto: with no change expected, the entire market reaction comes from the size of the deviation. Inflation above expectations raises the probability of the Fed keeping policy tight. Weaker figures support the case for near-term easing and strengthen demand for risk assets.<\/p>\n <\/div>\n \n Market Reaction<\/div>\n A hot print would lift the dollar and US Treasury yields and widen the pressure on US stocks. A soft print would send the US 500 back toward its highs and take the dollar lower. Volatility on the US market at the moment of release is traditionally among the highest of the month, and UK GDP lands in the same session.<\/p>\n <\/div>\n\n Market Sentiment<\/h3>\n After a mixed employment report, investors are waiting on inflation as the main reference point for what the Fed does next. On the chart, the US 500 is consolidating after a strong summer rise and stays inside an ascending channel. Price holds above the middle Bollinger band and MACD is gradually recovering a positive impulse, though the stochastic is turning down out of overbought territory, which warns of a possible short-term correction. Softer inflation would return the index to fresh highs, with 7755 the level that confirms it and 7850 the target. Faster price growth would widen the pressure on US stocks and put 7685 back in play.<\/p>\n\n $\"US$ <\/a> US 500 H4 chart ahead of the US CPI release. Source: RoboForex. Past performance is not indicative of future results.<\/figcaption><\/figure>\n\n \n Key Levels and Trade Parameters — US 500<\/h3>\n \n \n \n Parameter<\/th> Value<\/th><\/tr><\/thead>\n Resistance<\/td> 7755 \/ 7850<\/td><\/tr>\n Support<\/td> 7685<\/td><\/tr>\n Entry, Buy Stop<\/td> 7755<\/td><\/tr>\n Stop loss<\/td> 7685<\/td><\/tr>\n Take profit<\/td> 7850<\/td><\/tr>\n Risk to reward<\/td> 1:1.4<\/td><\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n <\/div>\n\n \n Trade Now<\/a>\n <\/div>\n <\/div>\n \n\n \n <\/span>\n \n \n \n 11<\/div>\n Sep<\/div>\n <\/div>\n \n United Kingdom · Growth · Friday<\/div>\n <\/span>UK GDP<\/span><\/h2>\n <\/div>\n <\/div>\n\n \n \n GDP, Forecast (m\/m)<\/div>\n +0.1%<\/div>\n <\/div>\n <\/div>\n \n Previous<\/div>\n -0.1%<\/div>\n <\/div>\n <\/div>\n\n \n Why It Matters<\/div>\n After the economy unexpectedly contracted in the previous month, Friday shows whether the United Kingdom returned to growth. The report is an important indicator of where the economy stands before the next Bank of England meeting and of how durable domestic demand is with interest rates still high. It arrives in the same session as US inflation, so volatility on the currency market could rise noticeably. A stronger British result would support the pound even against a strong dollar.<\/p>\n <\/div>\n \n Market Reaction<\/div>\n GDP above the 0.1% consensus would lower expectations of near-term Bank of England easing, support GBP\/USD and lift UK government bond yields. A second contraction would raise the pressure on the pound, and the FTSE 100 would take the news better than the currency does.<\/p>\n <\/div>\n\n Market Sentiment<\/h3>\n Consensus on the pound stays cautiously positive<\/strong>. The base case is a return to moderate growth after the weak previous month, though the market still doubts how durable that recovery is. On the chart, GBP\/USD trades around 1.3610 and continues to move inside a steady ascending channel after a strong August. Price holds above the middle Bollinger band, MACD keeps a positive impulse while its speed gradually falls, and the stochastic has left overbought territory for the neutral area. Holding above 1.3640 confirms the pair is ready to continue toward 1.3730. A fall under 1.3575 would be the first sign of the uptrend weakening and would widen the probability of a deeper correction.<\/p>\n\n $\"GBP\/USD$ <\/a> GBP\/USD H4 chart ahead of the UK GDP release. Source: RoboForex. Past performance is not indicative of future results.<\/figcaption><\/figure>\n\n \n Key Levels and Trade Parameters — GBP\/USD<\/h3>\n \n \n \n Parameter<\/th> Value<\/th><\/tr><\/thead>\n Resistance<\/td> 1.3640 \/ 1.3730<\/td><\/tr>\n Support<\/td> 1.3575<\/td><\/tr>\n Entry, Buy Stop<\/td> 1.3640<\/td><\/tr>\n Stop loss<\/td> 1.3575<\/td><\/tr>\n Take profit<\/td> 1.3730<\/td><\/tr>\n Risk to reward<\/td> 1:1.4<\/td><\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n <\/div>\n\n \n Trade Now<\/a>\n <\/div>\n <\/div>\n \n\n Track the forecast and the actual figures for each release, since the gap<\/a> between consensus and the outcome is what tends to move prices the most. Learn more about how to read the economic calendar and trade the news<\/a>.<\/p>\n\n <\/span>Conclusion<\/span><\/h2>\n\n Europe moves first and America answers. The ECB is expected to lift the deposit rate to 2.50% on Thursday, and because that is close to fully priced, the euro trades on the press conference: firm guidance keeps EUR\/USD above 1.1655, cautious wording opens the path to 1.1510. Friday then delivers the US CPI forecast of 3.4% headline and 2.5% core, both unchanged, which means the level is already agreed and the reaction depends entirely on the miss.<\/p>\n\n A soft inflation print sends the US 500 through 7755 toward 7850 and takes the dollar lower. A hot one puts 7685 back in play and strengthens the case for the Fed holding policy tight into its September meeting. The two smaller stories set their own levels: Chinese trade data above 120.0 billion USD keeps AUD\/USD pointed at 0.7285, and UK GDP above 0.1% gives GBP\/USD the confirmation it needs at 1.3640.<\/p>\n\n \n Open a Trading Account with RoboForex<\/a>\n <\/div>\n\n \n Any information provided in articles on this website is based solely on the personal opinions of the authors. These articles should not be construed as trading recommendations or a call to action. The authors and RoboForex accept no responsibility for the results of any trades made on the basis of these recommendations and reviews. Past performance is not indicative of future results. Trading stocks and CFDs involves a high risk of capital loss.<\/em>\n <\/div>\n\n<\/div>\n<\/div>\n\n\n\n\n

<\/div>\n

Previous<\/div>\n

112.5 billion USD<\/div>\n <\/div>\n <\/div>\n

NAB Business Confidence, Forecast<\/div>\n

-8<\/div>\n <\/div>\n

<\/div>\n

Previous<\/div>\n

-6<\/div>\n <\/div>\n <\/div>\n\n

Why It Matters<\/div>\n

China is Australia's main trading partner<\/a>, so Chinese foreign trade data has a visible effect on the Australian dollar. Exports and imports give a read on world trade and on demand for raw materials, above all iron ore and industrial metals. The NAB index covers the other side of the same question, the mood of Australian business itself, and the consensus of -8 after -6 points to sentiment weakening. Chinese inflation follows on Wednesday as a read on domestic demand.<\/p>\n <\/div>\n

Market Reaction<\/div>\n

A trade surplus above 120.0 billion USD alongside a NAB print better than the forecast would support AUD\/USD and lift iron ore and copper with it. Chinese figures that point to cooling would return pressure to the Australian dollar quickly, whatever the domestic sentiment number does.<\/p>\n <\/div>\n\n

Market Sentiment<\/h3>\n
The view on the Australian dollar stays moderately positive<\/strong>, held up by strong commodity prices. On the chart, AUD\/USD holds near the highs of recent weeks after a strong upward move. Price stays above the middle Bollinger band and MACD<\/a> keeps a positive impulse, though the stochastic<\/a> has started to leave overbought territory, which warns of a possible local correction. Holding above 0.7215 confirms the advance continues toward 0.7285. A return below 0.7178 would be the first sign of buyers losing strength.<\/p>\n\n
$\"AUD\/USD$ <\/a>
AUD\/USD H4 chart ahead of the China trade balance and NAB business confidence releases. Source: RoboForex. Past performance is not indicative of future results.<\/figcaption><\/figure>\n\n
\n
Key Levels and Trade Parameters — AUD\/USD<\/h3>\n
\n \n \n
Parameter<\/th> Value<\/th><\/tr><\/thead>\n
Resistance<\/td> 0.7215 \/ 0.7285<\/td><\/tr>\n
Support<\/td> 0.7178<\/td><\/tr>\n
Entry, Buy Stop<\/a><\/td> 0.7215<\/td><\/tr>\n
Stop loss<\/a><\/td> 0.7178<\/td><\/tr>\n
Take profit<\/a><\/td> 0.7285<\/td><\/tr>\n
Risk to reward<\/td> 1:1.9<\/td><\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n <\/div>\n\n
\n Trade Now<\/a>\n <\/div>\n <\/div>\n \n\n \n <\/span>\n
\n
\n
\n
10<\/div>\n
Sep<\/div>\n <\/div>\n
\n
Eurozone · Central Bank · Thursday<\/div>\n
<\/span>ECB Rate Decision<\/span><\/h2>\n <\/div>\n <\/div>\n\n
\n
\n
Deposit Rate, Forecast<\/div>\n
2.50%<\/div>\n <\/div>\n
<\/div>\n
\n
Previous<\/div>\n
2.25%<\/div>\n <\/div>\n <\/div>\n
\n
\n
ECB Key Rate, Forecast<\/div>\n
2.65%<\/div>\n <\/div>\n
<\/div>\n
\n
Previous<\/div>\n
2.40%<\/div>\n <\/div>\n <\/div>\n\n
\n
Why It Matters<\/div>\n
Thursday is the week's main event for European financial markets. A 25 basis point rise on both the deposit rate and the key rate is close to fully priced, which moves the whole question onto the comments from Christine Lagarde and the updated staff assessments of the Eurozone economy. A signal that the tightening cycle still has room to run would give the euro extra support. More cautious wording on the steps after this one would instead bring profit-taking after the recent strengthening of the European currency.<\/p>\n <\/div>\n
\n
Market Reaction<\/div>\n
Firm guidance from the press conference would lift EUR\/USD and push European government bond yields higher, with the DAX under pressure from the prospect of tighter policy. Cautious wording would send the euro toward 1.1510 and support European stocks. The decision itself is close to priced, so the reaction belongs to the press conference.<\/p>\n <\/div>\n\n
Market Sentiment<\/h3>\n
The market is treating the decision far more calmly than the press conference that follows it. The signals<\/a> on the path of rates from here are what drives the euro up to the Fed meeting later in the month. On the chart, EUR\/USD trades around 1.1610 after leaving an ascending channel and stays below the recent local highs. Price holds near the middle Bollinger band, MACD keeps a negative impulse, and the stochastic continues to fall out of the neutral zone, which points to weakening short-term demand. Soft ECB rhetoric would add pressure and take the pair to support at 1.1510. A return above 1.1655 would be the first sign of the upward impulse recovering.<\/p>\n\n
$\"EUR\/USD$ <\/a>
EUR\/USD H4 chart ahead of the ECB rate decision. Source: RoboForex. Past performance is not indicative of future results.<\/figcaption><\/figure>\n\n
\n
Key Levels and Trade Parameters — EUR\/USD<\/h3>\n
\n \n \n
Parameter<\/th> Value<\/th><\/tr><\/thead>\n
Resistance<\/td> 1.1655<\/td><\/tr>\n
Support<\/td> 1.1590 \/ 1.1510<\/td><\/tr>\n
Entry, Sell Stop<\/td> 1.1590<\/td><\/tr>\n
Stop loss<\/td> 1.1655<\/td><\/tr>\n
Take profit<\/td> 1.1510<\/td><\/tr>\n
Risk to reward<\/td> 1:1.2<\/td><\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n <\/div>\n\n
\n Trade Now<\/a>\n <\/div>\n <\/div>\n \n\n \n <\/span>\n
\n
\n
\n
11<\/div>\n
Sep<\/div>\n <\/div>\n
\n
USA · Inflation · Friday<\/div>\n
<\/span>US CPI<\/span><\/h2>\n <\/div>\n <\/div>\n\n
\n
\n
Headline CPI, Forecast (y\/y)<\/div>\n
3.4%<\/div>\n <\/div>\n
<\/div>\n
\n
Previous<\/div>\n
3.4%<\/div>\n <\/div>\n <\/div>\n
\n
\n
Core CPI, Forecast (y\/y)<\/div>\n
2.5%<\/div>\n <\/div>\n
<\/div>\n
\n
Previous<\/div>\n
2.5%<\/div>\n <\/div>\n <\/div>\n\n
\n
Why It Matters<\/div>\n
This is the last major inflation report before the September Fed meeting, which is what gives it the power to settle expectations for the path of US rates. The US CPI forecast is unchanged on both lines, 3.4% headline and 2.5% core, and that is the detail worth holding onto: with no change expected, the entire market reaction comes from the size of the deviation. Inflation above expectations raises the probability of the Fed keeping policy tight. Weaker figures support the case for near-term easing and strengthen demand for risk assets.<\/p>\n <\/div>\n
\n
Market Reaction<\/div>\n
A hot print would lift the dollar and US Treasury yields and widen the pressure on US stocks. A soft print would send the US 500 back toward its highs and take the dollar lower. Volatility on the US market at the moment of release is traditionally among the highest of the month, and UK GDP lands in the same session.<\/p>\n <\/div>\n\n
Market Sentiment<\/h3>\n
After a mixed employment report, investors are waiting on inflation as the main reference point for what the Fed does next. On the chart, the US 500 is consolidating after a strong summer rise and stays inside an ascending channel. Price holds above the middle Bollinger band and MACD is gradually recovering a positive impulse, though the stochastic is turning down out of overbought territory, which warns of a possible short-term correction. Softer inflation would return the index to fresh highs, with 7755 the level that confirms it and 7850 the target. Faster price growth would widen the pressure on US stocks and put 7685 back in play.<\/p>\n\n
$\"US$ <\/a>
US 500 H4 chart ahead of the US CPI release. Source: RoboForex. Past performance is not indicative of future results.<\/figcaption><\/figure>\n\n
\n
Key Levels and Trade Parameters — US 500<\/h3>\n
\n \n \n
Parameter<\/th> Value<\/th><\/tr><\/thead>\n
Resistance<\/td> 7755 \/ 7850<\/td><\/tr>\n
Support<\/td> 7685<\/td><\/tr>\n
Entry, Buy Stop<\/td> 7755<\/td><\/tr>\n
Stop loss<\/td> 7685<\/td><\/tr>\n
Take profit<\/td> 7850<\/td><\/tr>\n
Risk to reward<\/td> 1:1.4<\/td><\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n <\/div>\n\n
\n Trade Now<\/a>\n <\/div>\n <\/div>\n \n\n \n <\/span>\n
\n
\n
\n
11<\/div>\n
Sep<\/div>\n <\/div>\n
\n
United Kingdom · Growth · Friday<\/div>\n
<\/span>UK GDP<\/span><\/h2>\n <\/div>\n <\/div>\n\n
\n
\n
GDP, Forecast (m\/m)<\/div>\n
+0.1%<\/div>\n <\/div>\n
<\/div>\n
\n
Previous<\/div>\n
-0.1%<\/div>\n <\/div>\n <\/div>\n\n
\n
Why It Matters<\/div>\n
After the economy unexpectedly contracted in the previous month, Friday shows whether the United Kingdom returned to growth. The report is an important indicator of where the economy stands before the next Bank of England meeting and of how durable domestic demand is with interest rates still high. It arrives in the same session as US inflation, so volatility on the currency market could rise noticeably. A stronger British result would support the pound even against a strong dollar.<\/p>\n <\/div>\n
\n
Market Reaction<\/div>\n
GDP above the 0.1% consensus would lower expectations of near-term Bank of England easing, support GBP\/USD and lift UK government bond yields. A second contraction would raise the pressure on the pound, and the FTSE 100 would take the news better than the currency does.<\/p>\n <\/div>\n\n
Market Sentiment<\/h3>\n
Consensus on the pound stays cautiously positive<\/strong>. The base case is a return to moderate growth after the weak previous month, though the market still doubts how durable that recovery is. On the chart, GBP\/USD trades around 1.3610 and continues to move inside a steady ascending channel after a strong August. Price holds above the middle Bollinger band, MACD keeps a positive impulse while its speed gradually falls, and the stochastic has left overbought territory for the neutral area. Holding above 1.3640 confirms the pair is ready to continue toward 1.3730. A fall under 1.3575 would be the first sign of the uptrend weakening and would widen the probability of a deeper correction.<\/p>\n\n
$\"GBP\/USD$ <\/a>
GBP\/USD H4 chart ahead of the UK GDP release. Source: RoboForex. Past performance is not indicative of future results.<\/figcaption><\/figure>\n\n
\n
Key Levels and Trade Parameters — GBP\/USD<\/h3>\n
\n \n \n
Parameter<\/th> Value<\/th><\/tr><\/thead>\n
Resistance<\/td> 1.3640 \/ 1.3730<\/td><\/tr>\n
Support<\/td> 1.3575<\/td><\/tr>\n
Entry, Buy Stop<\/td> 1.3640<\/td><\/tr>\n
Stop loss<\/td> 1.3575<\/td><\/tr>\n
Take profit<\/td> 1.3730<\/td><\/tr>\n
Risk to reward<\/td> 1:1.4<\/td><\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n <\/div>\n\n
\n Trade Now<\/a>\n <\/div>\n <\/div>\n \n\n
Track the forecast and the actual figures for each release, since the gap<\/a> between consensus and the outcome is what tends to move prices the most. Learn more about how to read the economic calendar and trade the news<\/a>.<\/p>\n\n
<\/span>Conclusion<\/span><\/h2>\n\n
Europe moves first and America answers. The ECB is expected to lift the deposit rate to 2.50% on Thursday, and because that is close to fully priced, the euro trades on the press conference: firm guidance keeps EUR\/USD above 1.1655, cautious wording opens the path to 1.1510. Friday then delivers the US CPI forecast of 3.4% headline and 2.5% core, both unchanged, which means the level is already agreed and the reaction depends entirely on the miss.<\/p>\n\n
A soft inflation print sends the US 500 through 7755 toward 7850 and takes the dollar lower. A hot one puts 7685 back in play and strengthens the case for the Fed holding policy tight into its September meeting. The two smaller stories set their own levels: Chinese trade data above 120.0 billion USD keeps AUD\/USD pointed at 0.7285, and UK GDP above 0.1% gives GBP\/USD the confirmation it needs at 1.3640.<\/p>\n\n
\n Open a Trading Account with RoboForex<\/a>\n <\/div>\n\n
\n Any information provided in articles on this website is based solely on the personal opinions of the authors. These articles should not be construed as trading recommendations or a call to action. The authors and RoboForex accept no responsibility for the results of any trades made on the basis of these recommendations and reviews. Past performance is not indicative of future results. Trading stocks and CFDs involves a high risk of capital loss.<\/em>\n <\/div>\n\n<\/div>\n<\/div>\n\n\n\n\n