US Evades Default This Time
Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!
Trade the British pound on economic indicators
The levels of British GDP and manufacturing production will be released on January 11 at 11:30 MT time.
Last time the British economy grew by 0.1%, as it was expected by analysts. As for the level of manufacturing production, December's release showed a decline of 0.9%. This was a lower level than the analysts predicted. If this time the actual levels of indicators outperform the forecasts, the British pound will be supported.
• If the actual data of GDP and manufacturing production are higher, the GBP will rise;
• If the actual data of GDP and manufacturing production are lower, the GBP will fall.
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