And so as GBP reports came and went it is easy to see their influence on the general situation in the charts now. If course we are still waiting for the reports on USD, but these are going to come much later in the day and their effect is going to be seen only tomorrow morning for us. So. What did GBP reports have for us?

CPI of the country fell lower than was previously expected who of course drew the chart a little bit lower at once, meaning that GBP lost the battle against the greenback initially, but it seems that the rebound was pretty mice, as the currency wasted no time in going all of the price back. And all of it is coming before tomorrow’s sit-down of the Bank of England. Right now the chart is pretty jumpy and GBP comes on pretty strong with its bullish behavior – a trend no one was expecting from the currency in the wake of so much uncertainty around Brexit.

And the good news is that even with all of the turbulence and all of the falls this month is looking much better for GBP than August.

Will the bullish trend keep on for the British currency or are we going to see changes pretty soon? These are the exact questions that trading signals are going to help us answer.