Daily Forex Signal and Forecast

Daily Analysis from www.dailypipssignal.com

Date: 31/10/2016

Pair: GBP/USD

Market Trend: Strong Sell

Symbol	S3	S2	S1	P	R1	R2	R3
GBP/USD	1.19727	1.20711	1.21276	1.21695	1.2226	1.22679	1.23663

News and Fundamentals 

Net Lending to Individuals m/m ( medium  impact), TIME – GMT 5:30 AM

           Previous: 4.7 B

           Forecast: 4.6 B

           Forecast Type:  Good for Currency

           Source:   Bank of England

v         M4 Money Supply m/m ( low  impact), TIME – GMT 5:30 AM

           Previous: 1.0%

           Forecast:  0.6%

           Forecast Type:  Good for Currency

           Source:   Bank of England

v         Mortgage Approvals ( low  impact), TIME – GMT 5:30 AM

           Previous: 61K

           Forecast:  62K

           Forecast Type:  Good for Currency

           Source:   Bank of England

The analysis is based on current market basis in daily time frame. Market can change its movement at any time due to fundamental and other causes. Be sure it is not our live signal. Live signals are provided only to our registered subscribers. To know more info please join us at www.dailypipssignal.com .