Hello Again for today’s next Update!
The Manufacturing Output and Industrial Production in the U.K. declined for the 9th consecutive month…indicating the longest “contraction” since 1980.
Industrial Production also came in concert with Manufacturing, and ironically…overall PPI edged above Consensus in December Month-over-Month and Year-over-Year for December.
Her Majesty, the Queen…Cable…depreciated with strong reaction on our 5 Minute Time Cycle…so let’s take a look…despite the weak Data…She is not exactly drowning yet….
(click for capture)
Of course…we certainly may continue to work this little range…as I mentioned in the previous Post…we are “resting quietly” across the board ahead of what will be an interesting NFP, to say the least.
We will check back with Her Majesty afterwards…and see if she is swimming lovingly in the English Channel…or if we have to, once again, send out the CVJ Fan Club Guys for another Rescue!
A Blog of Commentary and Ideas from an FXstreet Premium Member by 

