GB Industrial Production (M/M)

Fx News Spike Signals by Crazy Cat, 2020/03/11

Release Time: 05:30 New York time (EST)
Primary currency pair: GBP/USD
Forecast: 0.3
Prior: 0.1
LT1 (Lower Trigger 1): --- [SELL]
UT1 (Upper Trigger 1): +++ [BUY]
Safety: 5

Shortly before we just had emergency interest rates cut from 0.75% to 0.25%. Therefore, trading this report is not recommended. Additionally, due to continued Brexit concerns be careful trading anything out of Great Britain as the market is mostly focused on these events.

Based on 27 estimates for GB Industrial Production (M/M), the median estimate is 0.3% and the average estimate is 0.26%. The highest estimate is +1.0% (one estimate), then 0.7% (one vote), then 0.6% (one estimate), then 0.5% (three estimates), 0.4% (two estimates), 0.3% (seven votes), 0.2% (one vote), 0.1% (six votes), 0.0% (three estimates), -0.1% (one vote), and then finally -0.4% (one vote). One standard deviation is +/- 0.27.

I recommend to check our news calendar with charts for this report. To do that, please visit our Forex calendar with historical charts. Then find this report on the list, then click on its name to see the recent history of this report, and finally click on the "chart" hyperlinks to see charts.

Forex news history and charts

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