Pound Sterling Forecast

U.K GDP (Gross Domestic Product) Data as expected and Happy Thanksgiving to our readers in the States!

by on Nov.24, 2011, under Economic data, Predictions, Sterling strength, Sterling weakness

This morning probably the biggest potential market mover of the day for the Pound came out exactly as had been expected and the markets are fairly flat following this….

Roughly 0.5% movement back for the AUD, NZD and ZAR against the Pound but all in all the markets are flat as a pancake so far so no need to panic if you have an imminent trade to carry out.

Also, happy Thanksgiving to all in the USA and I hope you have a great day over there!!

This may lead to slightly thinner trading due to the American markets being closed which sometimes can add to voliatility if something does happen so you should be aware of this as well!

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