Let’s take a look at the economic calendar and the most important events that will shake markets next week.
GBP/USD: forecast for Oct. 23-27
GBP/USD had a bad week. Although investors are pricing in an 80% chance of a first 25 basis-point interest rate hike will come at the Bank of England’s next policy meeting on Nov. 2, doubts are growing about future rate hikes. British retail sales fell by 0.8% in September, dragging quarterly growth to its weakest annual rate since 2013.
Check key levels for USD/CAD and CAD/JPY.
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Find out the key levels for trading the GBP and the NZD ahead of the important releases.