Catalyst opportunity.

Lower than expected GBP unemployment has given the GBP a bout of strength and created a potential GBP catalyst opportunity. Unfortunately, the best time to have taken the trade would have been on the announcement of the news as an 'in the moment' trade. But the GBP still has momentum. And currently looks very tradeable against anything. Particularly the NZD which itself has reported lower inflation expectations, which has taken the wind out of the sails of potential rate hike talk.

Personally, I'm not going to take the trade, firstly because I'm busy this morning and secondly, I'm going to wait for US CPI, which could create its own volitility.

But seeing as I'll be taking about 'catalyst' and 'in the moment' news trades very soon. I wanted to highlight potential opportunities. Note that a 'catalyst' trade can be taken on a 15min chart.

Please feel free to email any questions: johnelfedforexblog@gmail.com