Yes folks, it's the UK data event risk you've all been waiting for at 08.30 GMT

Ok, maybe not all of you but GBP traders will have their fingers glued to the keypad at the bottom of the hour.

Expectations:

  • QQ +0.3% as flash
  • YY 1.7% as flash

A bit of buying notable this morning but as always we will look for the algos to frenzy-feed off the headlines regardless if out of line. Risk will be to the upside if anything remotely decent but sellers will be lurking.

Devil in the detail though as always.

GBPUSD currently 1.2800 EURGBP 0.9215 GBPJPY

Order boards here and here.

GBPUSD 15m