Forex in 60 Seconds - GBPUSD Sees A Spike In Volatility Today, High Probability Of The Same Tomorrow

Published May 29th, 2008 - 01:47 GMT
Al Bawaba
Al Bawaba



 ·          Pound experiences sharp jump in volatility after inflation expectations hit a record high.
 ·          US GDP revision and UK housing inflation and GfK consumer confidence data represent top event risk tomorrow.

Stories to watch on DailyFX

·          What will move the markets this week? Find out the Top 5 Most Important Events. Next up: US GDP revision.
·          With GBPUSD volatility rising, is the pair heading towards a major breakout? Check out our weekly Fib report.

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