UK Core CPI y/y, Tuesday, November 17th 2009

Tuesday, November 17th (04:30 am New York Time; 05:30 pm Singapore Time) UK

News: UK Core CPI y/y

	If More Than 2.0	Good News for UK	GBP/USD --> UP 40pips	GBP/JPY --> UP 40pips
UK Core CPI y/y (Forecast 1.7)	Actual = 1.8	Not Hit
	If Less Than 1.4	Bad News for UK	GBP/USD --> DOWN 40pips	GBP/JPY --> DOWN 40pips

	Price At 05:25 PM (SGD Time)	Profit Target	Stop Loss	Results
GBP/USD	1.68325
GBP/JPY	149.702

Market Sentiments At 04:30pm (SGD Time)	GBP/USD	GBP/JPY
D1	ì	è
H1	ì	è
M15	ì	î
M5	î	î

Target not hit, but the market went up. GBP/JPY went up to 150.10 within first 5 minutes and GBP/USD shot up to 1.6871 too. Let's see whether there is enough strength to carry the trend upwards.