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Challenging The 20-Day EMA


(M2) Key Support Remains Intact


(M2) Bearish Focus


Lagging USD sell-off


(M2) Resistance At The 50-EMA Remains Intact

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Timeline of key events (Times GMT)

10-Dec0700OctUK monthly GDP / Services / IP / Trade / Construction
13-Dec1500----Financial Stability Report
14-Dec0700OctLabour Market Survey
15-Dec0700NovConsumer inflation report / Producer Prices
15-Dec0930NovONS House Price Index
16-Dec0930DecIHS Markit Manufacturing / Services / Composite PMI (p)
16-Dec1200----BOE Interest Rate / Quantitative Easing
17-Dec0700NovRetail Sales
21-Dec0700NovPublic Sector Finances
22-Dec0700NovQuarterly current account balance / GDP Second Estimate
04-Jan0001JanBRC-KPMG Shop Sales Monitor
04-Jan0930DecIHS Markit/CIPS Manufacturing PMI
06-Jan0930DecIHS Markit/CIPS Services PMI
07-Jan0930DecIHS Markit/CIPS Construction PMI

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