DNP-FX

GBPUSD 19th OCTOBER 2022

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
UK GDP fell sharply, from showing growth to showing weakness. The following GDP data will determine whether the UK can be said to be in recession or not.
The BoE Governor, Andrew Bailey, has been saying for several months that the UK will go into recession in the 4th quarter of this year. Will his prediction come true or can the UK change its fate?

Here are some of the agenda and data releases scheduled for October 19th 2022 :
1. UK consumer price index data release for September 2022
2. UK producer price index data for September 2022
3. Release of data on the UK retail price index for September 2022
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