{"id":111463,"date":"2017-08-22T07:48:34","date_gmt":"2017-08-22T11:48:34","guid":{"rendered":"http:\/\/countingpips.com\/?p=111463"},"modified":"2017-08-22T06:50:12","modified_gmt":"2017-08-22T10:50:12","slug":"ftse-100-prices-technical-analysis-preparing-for-publication-of-significant-statistics","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/08\/ftse-100-prices-technical-analysis-preparing-for-publication-of-significant-statistics\/","title":{"rendered":"FTSE 100 Prices: Technical Analysis – Preparing for publication of significant statistics"},"content":{"rendered":"
August 22, 2017<\/div>
\r\n<\/div><\/div>

By IFCMarkets<\/a><\/p>\n

Preparing for the publication of significant statistics<\/strong><\/p>\n

The preliminary UK GDP for Q2, 2017 increased by 1.7%. This is its minimum growth over the past 4 years. Will the FTSE 100 prices <\/a> continue to decline?<\/p>\n

The preliminary data on the UK GDP for Q2 came out in late July, 2017. This Thursday, August 24, they will be released in the 2nd reading. Besides, other economic information will be published: export-import, private consumption, the service index, etc. The quotes of the British stocks may fall if the data disappoint investors. The main long-term, negative factor for the FTSE 100 may become Brexit and the possible losses of the British economy because of the leave from the EU.<\/p>\n

\"GB100\"<\/p>\n

On the daily timeframe, GB100: D1<\/b> came out from the rising trend. The full downward correction is possible in case of the weak economic data in the UK, as well as the decrease of the world stock indices.<\/p>\n