Forex in 60 Seconds - UK 2Q GDP Could Set The Pound Up For Major Breakouts

Published July 25th, 2008 - 01:23 GMT
Al Bawaba
Al Bawaba



 
 ·          RBNZ Governor Alan Bollard delivers a surprise rate cut sending NZDUSD to its lowest level in a year.
 ·          Friday's UK 2Q GDP release could keep pound volatility high and may even trigger a major breakouts.

Stories to watch on DailyFX

·          How will the UK markets respond to the highly anticipated Advanced reading of second quarter GDP
·          As the majors approach prominent technical levels, sentiment indicators will give strong directional readings.

Send any comments or questions to jkicklighter@dailyfx.com.