With Trading Central's "Economic Insight", investors can identify opportunities by targeting economic data and events that have high volatility impact.
As GBP/USD slid more than 1% this week, investors remain vigilant in anticipation of the Bank of England's interest rate decision next Thursday.
In Economic Insight, users can customize settings by selecting date, importance and countries on the left menu:
We are looking at the Bank of England's rate decision due on Thursday (November 6) and we can click on those little icons on the right to find out more information related to the event:
The Volatility session showed that the average pips range (1 hour) for the past 8 events is about 41 pips for GBP/USD:
In the Impact session, we can see that last time GBP/USD moved in a range of 47 pips during the hour after the announcement:
Below are the other key data for the upcoming week:
Source: Trading Central Economic Insight
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