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GBP/USD 1.24430 17:20 22.02
EUR/USD 1.05615 17:20 22.02
OIL-APR17 (BRENT) 55.815 17:15 22.02
ALIBABA 104.870 17:15 22.02
AUD/USD 0.76832 17:15 22.02
AUD/JPY 87.185 17:15 22.02
SILVER 17.963 17:15 22.02
GOLD/EUR 1167.045 17:15 22.02
OIL-MAR17(WTI CRUDE) 53.980 17:15 22.02
GOLD 1232.476 17:15 22.02
EUR/JPY 119.846 17:15 22.02
USD/JPY 113.478 17:15 22.02
GBP/USD 1.24423 17:10 22.02
EUR/USD 1.05583 17:10 22.02
BitCoin/CNY 7487.500 17:00 22.02
USD/MXN 19.919 17:00 22.02
WELLS FARGO 58.325 17:00 22.02
USD/CHF 1.01100 17:00 22.02
OIL-APR17 (BRENT) 55.725 17:00 22.02
TOYOTA (US) 114.275 17:00 22.02
SONY 31.285 17:00 22.02
COLGATE-PALMOLIVE 73.035 17:00 22.02
FIAT CHRYSLER 11.35 17:00 22.02
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By: Daniel Gant
January 23rd 2014 1:24pm GMT, London UK

On Wednesday after the U.K. Unemployment rate was released, the GBP/USD pair jumped to 1.6580. The Unemployment rate beat the expectation and came out 7.1% instead of predicted 7.3%. The U.K. labour market has been recovering for past 6 month in very good pace. Within 6 month the Bank of England managed to cut the rate by 0.7%. The actual increase in the pair was more than 130 pips. The pair then started to range in very flat channel between 1.6550 and 1.6580. Today we should pay attention to U.K. Realized Sales Index and at 2.00PM (GMT) to U.S. Flash Manufacturing PMI. Later on, at 3.00PM (GMT) the U.S. Existing Home Sales will be posted but we do not expect higher volatility connected with that event.

The USD/JPY pair was traded flat during yesterday’s trading hours. The pair was ranging between 104.20 and 104.50 during the European and American session. As the Asian session started the pair got some positive momentum and rose to 104.80 means it tested its resistance at 104.75 but reversed down. The BoJ Monthly Report did not surprised and just summarised well known facts. Today we should pay attention to U.S. market and its economic data to predict the movement.

The price of Gold has continued its slight decrease and fell to $1,232.50/ounce. The price of Gold earlier reacted on better global economic outlook and weaker physical demand from China. The general bearish mood may remain due to bets on another Fed tapering. Today we should closely watch the U.S. market data which will be released at 2.00PM and 3.00PM (GMT). We should also pay attention to World Economic Forum in Davos. The longer-term sentiment is bearish even thought now we can see some price correction.

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Daniel Gant
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Daniel Gant

Broker at GOptions
My strategies have been maintained and reworked for the last four years. Win loss accuracy and a stable method of volume production has insured my clients inside my personal portfolio success, not to mention the education, guides and management sessions that I teach daily.

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