LOOK AHEAD: UK Timeline of Key Events (All Times in GMT)

Feb-29 06:33
Date UK Period Event
29-Feb 0930 Jan BOE M4/ Lending to Individuals
1-Mar 0930 Feb S&P Global Manufacturing PMI (Final)
1-Mar 1400 BOE's Pill Speech at Cardiff University
5-Mar 0001 Feb BRC-KPMG Shop Sales Monitor
6-Mar 0930 Feb S&P Global/CIPS Construction PMI
6-Mar 1230 Budget Statement
7-Mar 0930 Feb BOE's Monthly Decision Maker Panel Data
12-Mar 0700 Jan/Feb Labour Market Survey
13-Mar 0700 Jan GDP/Trade/Services/Production/Construction
15-Mar 0930 Feb BoE/Ipsos Inflation Next 12 Months
18-Mar 1530 DMO Quarterly Investor/GEMM Consultation Meetings
20-Mar 0001 XpertHR pay deals for whole economy
20-Mar 0700 Feb Consumer inflation report/ Producer Prices
21-Mar 0700 Feb Public Sector Finances
21-Mar 0930 Mar S&P Global/ CIPS UK Flash PMI
21-Mar 1200 Bank Of England Interest Rate

Historical bullets

MNI: FRANCE Q4 FLASH GDP +0% Q/Q, +0.7% Y/Y

Jan-30 06:30



  • MNI: FRANCE Q4 FLASH GDP +0% Q/Q, +0.7% Y/Y

MNI: FRANCE DEC CONSUMER SPENDING +0.3% M/M, +1.3% Y/Y

Jan-30 06:30



  • MNI: FRANCE DEC CONSUMER SPENDING +0.3% M/M, +1.3% Y/Y
  • MNI: FRANCE DEC CONSUMER MANUF SPENDING +0.4% M/M, -0.1% Y/Y

EURGBP TECHS: Heading South

Jan-30 06:26



  • RES 4: 0.8768 High Nov 20
  • RES 3: 0.8715 High Dec 28 and the bull trigger
  • RES 2: 0.8676 High Jan 3
  • RES 1: 0.8580/8612 20- and 50-day EMA values
  • PRICE: 0.8519 @ 06:17 GMT Jan 30
  • SUP 1: 0.8513 Low Jan 29
  • SUP 2: 0.8493 Low Aug 23 2023 and a key medium-term support
  • SUP 3: 0.8487 1.0% 10-dma envelope
  • SUP 4: 0.8454 61.8% of the Mar 7 - Sep 26 ‘23 bull phase

The trend needle in EURGBP continues to point south. Last week's move lower resulted in a break of support at 0.8549, the Dec 11 low, strengthening the current bearish condition. Monday’s extension, further reinforces the downtrend. Sights are on 0.8493, the Aug 23 ‘23 low and a key support. The 50-day EMA, at 0.8612, is the initial firm resistance to watch. First resistance is at 0.8580, the 20-day EMA.