Follow Up GBP – Consumer Price Index YoY and Core Consumer Price Index YoY reports

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On Tuesday, 11-17-09 at 4:30 AM ET, the GBP – Consumer Price Index YoY and Core Consumer Price Index YoY reports were released.

These reports were released along with the GBP – Retails Price Index YoY.

The last time this report was released was on Tuesday, 10-13-09 at 4:30 AM ET .

This are my first post for this months reports.

I did a “previous” post on Monday. 11-16-09, click here to see.

This report is released by the U.K.s National Statistics on a monthly basis.

Here is what happened for this months reports:

GBP – Consumer Price Index YoY stats:

previous = 1.1%

forecast = 1.4%

Actual = 1.5%
Good – higher then “forecast” by 0.1%, higher then “previous” by 0.4%.

GBP – Core Consumer Price Index YoY stats:

previous = 1.7%

forecast = 1.7%

Actual = 1.8%
Good – higher then “forecast” by 0.1%, higher then “previous” by 0.1%.

I was set up to trade the currency pair GBP/USD if there was a difference of 0.2% between the “actual” and the “forecast”, not enough for a trade.

Here are the charts:

a one minute EUR/GBP currency chart

a one minute EUR/GBP currency chart

This EUR/GBP currency pair moved down in 4 minutes about 19 PIPS – right direction – then moved up the next 26 minutes about 17 PIPS – wrong direction.

a one minute EUR/JPY currency chart

a one minute EUR/JPY currency chart

This EUR/JPY currency pair moved up in 24 minutes about 27 PIPS.

a one minute EUR/USD currency chart

a one minute EUR/USD currency chart

This EUR/USD currency pair had a minor move up the first 8 minutes.

a one minute GBP/CHF currency chart

a one minute GBP/CHF currency chart

This GBP/CHF currency pair moved up in 4 minutes about 31 PIPS – right direction – then moved down the next 21 minutes about 31 PIPS – wrong direction.

a one minute GBP/JPY currency chart

a one minute GBP/JPY currency chart

This GBP/JPY currency pair moved up in 4 minutes about 49 PIPS – right direction – then moved down the next 46 minutes about 40 PIPS – wrong direction.

a one minute GBP/USD currency chart

a one minute GBP/USD currency chart

This GBP/USD currency pair moved up in 4 minutes about 37 PIPS – right direction – then ranged next 14 minutes.

The next scheduled release of these reports is on Tuesday, 12-22-09 at 4:30 AM ET.

I will probably post a “preview” a day or two prior.

Stay tuned!

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2 Trackbacks

  1. [...] did post a “follow up” of last months report, click here to see what [...]

  2. [...] did post a “follow up” of this report soon after, click here to see what [...]

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