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After a calm trading session, we´re about to see a lot of important data tomorrow. It will all start at 11:30 with British monthly retail sales and it offers a first opportunity of the week to make a strong, fundamental trade. After that, at 2:30 pm, it is likely that we will see a decisive movement in USD pairs after US data releases, which could end the ambiguity of the direction USD pairs are headed in now.
Also, there´s a good chance that whatever the direction USD will move toorrow, it will be amplified on Friday, as we´ll see what the US Final GDP is. Should all the incoming data be in line, it could generate a movement in USD pairs as big as 2 percent.
Best of luck
Also, there´s a good chance that whatever the direction USD will move toorrow, it will be amplified on Friday, as we´ll see what the US Final GDP is. Should all the incoming data be in line, it could generate a movement in USD pairs as big as 2 percent.
Best of luck