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Main » 2019 » June » 11 » Pound Dollar forecast pair GBP / USD today 11/06/2019: All attention to data on the average wage UK
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Pound Dollar forecast pair GBP / USD today 11/06/2019: All attention to data on the average wage UK

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Events today:

11:30 MSK. United Kingdom: Changes in the level of average earnings in May.

15:30 MSK. United Kingdom: Producer price index for May.

 

Pound Dollar GBPUSD forex forecast for today 11/06/2019
 

The course of trading today will be determined by statistics from the UK labor market. 

 

 

 

 

 

We are primarily interested in the average wage index, which has a significant impact on the United Kingdom inflation. In the last reporting period, it decreased by 0.3%, against the backdrop of political uncertainty about BREXIT. If today we see once again decline, the British currency will come under massive sales. The growth rate above the level of 3% will provide a good pound uptrend.


GBP / USD recommendation: flat 1.2655 - 1.2750.

 

FreshForex analyst

 

 

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