Friday, October 20th, 2006 (4:30 am New York Time) UK

We have UK 3rd quarter GDP coming out. It's expected to be a bit weaker than 2nd quarter GDP. They are expecting it at 0.6%. If the number comes out at 0.7%, it would be good for the pound, so I may possibly go long on GBP/USD. If the number comes out at 0.5% or lower, it would be bad for the pound, so I may possibly go short on GBP/USD. If the number deviates by at least 0.1%, we may very well see a move of 50 pips or more either direction.

We have UK 3rd quarter GDP coming out. It's expected to be a bit weaker than 2nd quarter GDP. They are expecting it at 0.6%. If the number comes out at 0.7%, it would be good for the pound, so I may possibly go long on GBP/USD. If the number comes out at 0.5% or lower, it would be bad for the pound, so I may possibly go short on GBP/USD. If the number deviates by at least 0.1%, we may very well see a move of 50 pips or more either direction.