{"id":80893,"date":"2015-11-11T07:58:22","date_gmt":"2015-11-11T12:58:22","guid":{"rendered":"http:\/\/countingpips.com\/?p=80893"},"modified":"2015-11-11T08:29:45","modified_gmt":"2015-11-11T13:29:45","slug":"pounddollar-correctional-phase-on-the-daily","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/11\/pounddollar-correctional-phase-on-the-daily\/","title":{"rendered":"Pound\/Dollar: Correctional Phase on the Daily"},"content":{"rendered":"<div id=\"inves-3131186158\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">November 11, 2015<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><b>By Alpari<\/b><\/p>\n<p>My GBP expectations didn\u2019t ring true. All pound crosses were in the hands of the buyers. As soon as the euro\/pound dropped, the pound\/dollar upped it to 1.5144. The price returned back, but in Asia the pound renewed to 1.5185.<\/p>\n<p>It\u2019s possible the jump this morning was caused by expectations regarding the UK\u2019s labour market reports. It does have a real effect on the pair and in addition: Carney is set to speak at 12:30 EET. I can\u2019t say anything about what the reaction will be to his speech, but he might not mention monetary policy.<\/p>\n<p>If the pound manages to not drop due to Carney speaking and the labour market reports, there\u2019s not much worth expecting until Thursday when the Americans\u2019 holiday has finished. I\u2019ve made two different scenarios taking the stats into account.<\/p>\n<div class=\"gray-area\">\n<div class=\"gray-area__bottom-border\"><\/div>\n<div class=\"gray-area__wrap \">\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.alpari.ru\/data\/media\/trunk\/images\/Analytics\/2015\/11\/gbp_111115.png\" alt=\"Hourly Graph\" width=\"650\" height=\"660\" \/><\/p>\n<div class=\"s_invisible_yes\">Source: alpari.com, &#8220;<a href=\"https:\/\/alpari.com\/en\/analytics\/reviews\/market_sessions\/10968_11112015\/\">Pound\/Dollar: Correctional Phase on the Daily<\/a>&#8220;<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Alpari My GBP expectations didn\u2019t ring true. All pound crosses were in the hands of the buyers. As soon as the euro\/pound dropped, the pound\/dollar upped it to 1.5144. The price returned back, but in Asia the pound renewed to 1.5185. It\u2019s possible the jump this morning was caused by expectations regarding the UK\u2019s [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-80893","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/80893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=80893"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/80893\/revisions"}],"predecessor-version":[{"id":80895,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/80893\/revisions\/80895"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=80893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=80893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=80893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}