FXCM
Forex in 60 Seconds - UK 2Q GDP Could Set The Pound Up For Major Breakouts
Thursday July 24, 09:23 PM
· RBNZ Governor Alan Bollard delivers a surprise rate cut sending NZDUSD to its lowest level in a year.
· Friday's UK 2Q GDP release could keep pound volatility high and may even trigger a major breakouts.
Stories to watch on DailyFX
· How will the UK markets respond to the highly anticipated Advanced reading of second quarter GDP.
· As the majors approach prominent technical levels, sentiment indicators will give strong directional readings.
Send any comments or questions to jkicklighter@dailyfx.com.
Source:John Kicklighter, Currency Analyst strategist@dailyfx.com
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