Important UK eco numbers

Industrial production and Manufacturing numbers come out at 4:30 ET. Cable has been trading in a range all night. MPC was hawkish last week, but with PPI weak last night and depending on these numbers the market will be able to see if they are warranted in being hawkish. Plus tomm. we have the inflation report. Pretty important numbers.

 

Did you trade this?

 

yeh I went short after the numbers.
I have been trading short in and out.
The fact that it broke 1.76 was pretty big.

 

So you learned your lesson from Friday?

P.S. What about the GDP estimate?

 

that was def. a one off event