Follow the trend
-
GBP/USD: Trading the British CPI
British CPI, released each month, is the primary gauge of consumer inflation. A reading which is higher than the market forecast is bullish for the pound. Here are all the details, and 5 possible outcomes for GBP/USD. Published on Tuesday at 9:30 GMT. Indicator Background Analysts consider CPI one of the most important economic indicators, and the release of the British CPI can affect the direction of GBP/USD. The level of inflation is an important component in any decision by the BOE to raise interest rates, which would affect the movement of GBP/USD. Inflation in the UK continues to drop, and CPI has now softened ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jan 12, 2015 8:00pm Jan 12, 2015 8:00pm
- sed0tan
- | Joined May 2009 | Status: Member | 17 Comments
- Comment #2
- Quote
- Jan 13, 2015 2:53am Jan 13, 2015 2:53am
- Guest
- | IP XX.XX.51.234
- Comment #3
- Quote
- Jan 13, 2015 3:55am Jan 13, 2015 3:55am
- Guest
- | IP XX.XXX.69.206
- Comment #4
- Quote
- Jan 14, 2015 10:37pm Jan 14, 2015 10:37pm
- sed0tan
- | Joined May 2009 | Status: Member | 17 Comments
Follow the trend