August 18 2014

In the trading room today: What will the New Trading Week Bring to the GBP? With the U.K. CPI, Retail Sales, and Bank of England Meeting Minutes on the horizon, we explore the potential outcome of these notable economic reports and ponder what the new trading week might have in store for the GBP vs USD and the EUR, we list the Top 10 spotlight economic events that will move the markets in the week ahead, we examine the consensus forecasts for the upcoming economic data, we analyze the latest developments in the GBP/USD and EUR/GBP currency pairs, we take a look at the range in the EUR/USD pair, we keep an eye on the USD vs JPY, we highlight the market’s reaction to the U.K. GDP and the U.S. Consumer Sentiment, we discuss new forecasts from Deutsche Bank and Standard Chartered, and prepare for the trading session ahead.