LOOK AHEAD: UK Timeline of Key Events (GMT Times)

Feb-14 06:23
DateUKPeriodEvent
18-Feb0700Dec/JanLabour Market Survey
18-Feb0930 BOE's Bailey fireside chat on open financial markets
19-Feb0001JanBrightmine pay deals for whole economy
19-Feb0700JanConsumer inflation report
19-Feb0700JanProducer Prices
20-Feb1100FebCBI Industrial Trends
21-Feb0001FebGfk Monthly Consumer Confidence
21-Feb0700JanPublic Sector Finances
21-Feb0700JanRetail Sales
21-Feb0930FebS&P Global Flash PMI
25-Feb1100FebCBI Distributive Trades
03-Mar0930FebS&P Global/ CIPS UK Final Manufacturing PMI
03-Mar0930JanBOE Lending to Individuals/M4
04-Mar0001FebBRC Monthly Shop Price Index
05-Mar0930FebS&P Global/ CIPS UK Final Services PMI

Historical bullets

LOOK AHEAD: UK Timeline of Key Events (GMT Times)

Jan-15 06:23
DateUKPeriodEvent
15-Jan0700DecConsumer inflation report
15-Jan0700DecProducer Prices
15-Jan1630 BOE's Taylor Speech on Inflation Dynamics and Outlook
16-Jan0700NovGDP/ Trade/ Services/ Production/ Construction
17-Jan0700DecRetail Sales
21-Jan0700Nov/DecLabour Market Survey
22-Jan0001DecBrightmine pay deals for whole economy
22-Jan0700DecPublic Sector Finances
23-Jan1100JanCBI Industrial Trends
24-Jan0001JanGfk Monthly Consumer Confidence
24-Jan0930JanS&P Global Flash PMI
24-Jan1100JanCBI Distributive Trades
28-Jan0001JanBRC Monthly Shop Price Index
30-Jan0930DecBOE M4/ Lending to Individuals
03-Feb0930JanS&P Global/ CIPS UK Final Manufacturing PMI
05-Feb0930JanS&P Global/ CIPS UK Final Services PMI

GBPUSD TECHS: Trend Outlook Remains Bearish

Jan-15 06:20
  • RES 4: 1.2607 High Dec 30
  • RES 3: 1.2597 50-day EMA     
  • RES 2: 1.2433 20-day EMA 
  • RES 1: 1.2322 High Jan 10 
  • PRICE: 1.2201@ 06:20 GMT Jan 15
  • SUP 1: 1.2100 Low Jan 10 
  • SUP 2: 1.2087 0.764 proj of the Sep 26 - Nov 22 - Dec 6 price swing
  • SUP 3: 1.2037 Low Oct 4 ‘23 and a key support 
  • SUP 4: 1.2000 Psychological round number      

The trend condition in GBPUSD remains bearish and the pair is trading closer to its recent lows. Recent weakness has confirmed a resumption of the downtrend and marks an extension of the price sequence of lower lows and lower highs. Note too that moving average studies are in a bear-mode position, highlighting a dominant bear trend. Sights are on 1.2087 next, a Fibonacci projection. Initial firm resistance is at 1.2433, the 20-day EMA.

LOOK AHEAD: Eurozone Timeline of Key Events (GMT Times)

Jan-15 06:18
DateTimeCountryEvent
15-Jan315EUECB's Lane in fireside chat at GS global macro conference
15-Jan745FRHICP (f)
15-Jan800ESHICP (f)
15-Jan800EUECB's De Guindos at 15th Spain Investors Day
15-Jan1000EUIndustrial Production
16-Jan700DEHICP (f)
16-Jan900ITHICP (f)
16-Jan1000EUTrade Balance
16-Jan1230EUAccount of Dec 2024 ECB Monetary Policy Meeting
17-Jan900EUEZ Current Account
17-Jan1000EUHICP (f)
17-Jan1100EUECB's Cipollone lecture at Crypto Asset Lab conference
20-Jan700DEPPI
20-Jan1000EUConstruction Production
20-Jan EUECB's Lagarde and Cipollone in Eurogroup meeting
21-Jan1000DEZEW Current Conditions/ Expectations Index
21-Jan EUECB's De Guindos in ECOFIN Meeting