GBP

UK data - Rightmove House Price Index for October: -0.8% y/y (prior -0.4%)

BoE Gov Bailey: the usual transmission mechanism not yet being demonstrated on wages

Newsquawk Week Ahead: US retail sales, China activity data, PBoC, NZ, UK and Canada CPI

• The highlights of next week include the US retail sales, China activity data, the PBoC MLF and LPR, alongside inflation data from New Zealand, UK, Japan and Canada

GBPUSD: New lows for the pair. What next as we head into the new trading week?

• The sellers are taking more control in the GBPUSD with the pair looking toward the lows from October

GBPJPY dips below 100 day MA

• 100 day MA at 181.64

Bank of England Governor Andrew Bailey is speaking on Friday

Cable gives back two days of gains, nears 1.2200

• Cable now down a full cent

GBPUSD Technical Analysis - We are at a key resistance

• The GBPUSD pair is at a key resistance level.

UK August monthly GDP +0.2% vs +0.2% m/m expected

• Latest data released by ONS - 12 October 2023

Bank of England Chief Economist Pill is speaking Thursday 12 October

UK data - RICS house price balance drops to -69 in September (vs. -63 expected)

GBPJPY Technical Analysis - We are at a key resistance zone

• The GBPJPY pair erases the losses after the Japanese intervention. What’s next?

London's Luton Airport suspended all flights due to fire that partially collapsed car park

GBPUSD looks toward 50% retracement target. Key target to get to and through now.

• GBPUSD buyers push to a new session high and highest level since September 22`

GBPUSD Technical Analysis - Watch these key levels

• The GBPUSD pair is approaching a key resistance zone.