GBP retail sales in 40 minutes. It doesnt seem like there is enough ooomph to push gbp over this resistane barrier. Possibility exists that GBP falls to test yesterdays lows. US consumer sentiment the last sig report of the day should come in strong. So banks will use any strong GBP retail sales data to book profits. And knock price back down into the 1.96 handle. Looking for 1.9666.
my system is giving me a sell signal, but it wont be confirmed till a downtrend registers on the chart. the price action is giving everyone the impression its about to bust to the upside. A trap of sorts.
house price index in about 57 minutes also some aussie data, inflaton related. PPI. should add some movement.