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GBP/USD. Forecast for October 2, 2012

2012-10-02 13:20:12 (читать в оригинале)

 

The economic data from the UK was below the forecasts. Manufacturing PMI for September demonstrated a decline from 49.6 to 48.4. Mortgage permits was 2K less than forecasted.
The pound lost 17 points against the euro which gained 42 points.
Today we are waiting for house price index from two companies: Nationwide (at 10:00 GMT +3) and Halifax (11:00 GMT +3). Both agencies are expecting that the index will grow 0.1% (Nationwide) and 0.2% (Halifax).
At 12:30 Construction PMI for September is released. It is anticipated to hit 50.0 against 49.0 in August.
Technically, a stable growth is probable after the price fixes below 1.6164. Next targets for growth are 1.6200, 1.6236.

 

  

 

 

The material has been provided by Instaforex Company - instaforex.com