GBP RICS House Price Balance -25% Short

British Pound/U.S. DollarFXCM

Description

⋅ Dec 8, 2022 12:34 AM

GBP Could potentially break through support at 1.2150 area and make it to 1.20500
Due to 7ppm est time (Report) U.K. RICS House Price Balance:
Actual -25%/ Forecast -10%/ Previous -2%
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
Source: investing.com/economic-calendar/rics-house-price-balance-264 https://www.investing.com/economic-calendar/rics-house-price-balance-264

Comments

InvestMate

⋅ Dec 8, 2022 10:02 PM

I expect a rebound from the 0.618 level and a continuation of the decline

JoeChampion

⋅ Dec 8, 2022 4:26 PM

Thank you fella!

NinjaEMATrader

⋅ Dec 8, 2022 12:59 AM