Today's Trading Plan

GBP/USD · FreePrivateCurrentIssue №179
AsianLondonNew York
Risk
Hard
Events left
45
Next event
00:00
Last updated
06:04 UK

Today's Outlook

Patience Around Scheduled News

Wait for GBP/USD to settle after GBP BoE Interest Rate Decision at 12:00 UK and USD Initial Jobless Claims at 13:30 UK. Do not treat the first sharp price change after either release as proof that GBP/USD will keep going.

Trading summary checklist
Expected volatility
High
Expected session activity
Normal
Calendar risk tone
Cautious
Event risk difficulty
Hard

Expectations based on today's economic calendar and trading session, not live price, volume or order-book measurements.

Today’s Events

All times UK time
  • 00:00CAD

    Budget 2026 Release

    Previous
    —
    Forecast
    —
    Actual / Status
    Upcoming
  • 00:30JPY

    Composite PMI Final

    Previous
    52.3
    Forecast
    52.3
    Actual / Status
    Upcoming
  • 00:30JPY

    Services PMI Final

    Previous
    51.3
    Forecast
    52
    Actual / Status
    Upcoming
  • 00:30AUD

    Balance of Trade

    Previous
    495M
    Forecast
    800M
    Actual / Status
    Upcoming
  • 00:30AUD

    Exports (MoM)

    Previous
    45.73B
    Forecast
    —
    Actual / Status
    Upcoming
  • 00:30AUD

    Imports (MoM)

    Previous
    44.38B
    Forecast
    —
    Actual / Status
    Upcoming
  • 03:35JPY

    10-Year JGB Auction

    Previous
    3.101%
    Forecast
    —
    Actual / Status
    Upcoming
  • 07:00EUR

    German Factory Orders (MoM)

    Previous
    -10.6%
    Forecast
    4.8%
    Actual / Status
    Upcoming
  • 08:00Scheduled
    Market timing

    Volatility usually increases as European banks start trading.

  • 08:00CHF

    Unemployment Rate

    Previous
    3%
    Forecast
    —
    Actual / Status
    Upcoming
  • 08:05EUR

    ECB Schnabel Speaks

    Previous
    —
    Forecast
    —
    Actual / Status
    Upcoming
  • 08:30EUR

    Construction PMI

    Previous
    43.4
    Forecast
    —
    Actual / Status
    Upcoming
  • 08:30EUR

    German Construction PMI

    Previous
    43.5
    Forecast
    —
    Actual / Status
    Upcoming
  • 09:00GBP

    New Car Sales (YoY)

    Previous
    12.1%
    Forecast
    —
    Actual / Status
    Upcoming
  • 09:30GBP

    Construction PMI

    Previous
    46.1
    Forecast
    46.1
    Actual / Status
    Upcoming
  • 10:00EUR

    PPI (MoM)

    Previous
    1.9%
    Forecast
    2.5%
    Actual / Status
    Upcoming
  • 10:00EUR

    PPI (YoY)

    Previous
    8.2%
    Forecast
    10.9%
    Actual / Status
    Upcoming
  • 10:30USD

    Challenger Job Cuts

    Previous
    43.3K
    Forecast
    —
    Actual / Status
    Upcoming
  • 11:00EUR

    German New Car Registrations (YoY)

    Previous
    9%
    Forecast
    —
    Actual / Status
    Upcoming
  • 12:00GBP

    BoE Interest Rate Decision

    Previous
    3.75%
    Forecast
    4%
    Actual / Status
    Upcoming
  • 12:00GBP

    BoE Monetary Policy Report

    Previous
    —
    Forecast
    —
    Actual / Status
    Upcoming
  • 12:00GBP

    BoE MPC Vote Cut

    Previous
    0
    Forecast
    —
    Actual / Status
    Upcoming
  • 12:00GBP

    BoE MPC Vote Hike

    Previous
    3
    Forecast
    —
    Actual / Status
    Upcoming
  • 12:00GBP

    BoE MPC Vote Unchanged

    Previous
    6
    Forecast
    —
    Actual / Status
    Upcoming
  • 12:00GBP

    MPC Meeting Minutes

    Previous
    —
    Forecast
    —
    Actual / Status
    Upcoming
  • 13:00Scheduled
    Market timing

    London and New York overlap — the most active period of the day.

  • 13:30USD

    Initial Jobless Claims

    Previous
    194K
    Forecast
    196K
    Actual / Status
    Upcoming
  • 13:30USD

    Nonfarm Productivity (QoQ) Prel

    Previous
    1.4%
    Forecast
    2.8%
    Actual / Status
    Upcoming
  • 13:30USD

    Continuing Jobless Claims

    Previous
    1.7M
    Forecast
    1.71M
    Actual / Status
    Upcoming
  • 13:30USD

    Jobless Claims 4-Week Avg.

    Previous
    196.8K
    Forecast
    —
    Actual / Status
    Upcoming
  • 13:30USD

    Unit Labour Costs (QoQ) Prel

    Previous
    1.2%
    Forecast
    0.6%
    Actual / Status
    Upcoming
  • 13:50USD

    Fed Hammack Speaks

    Previous
    —
    Forecast
    —
    Actual / Status
    Upcoming
  • 14:10USD

    Fed Barkin Speaks

    Previous
    —
    Forecast
    —
    Actual / Status
    Upcoming
  • 15:00EUR

    ECB President Lagarde Speaks

    Previous
    —
    Forecast
    —
    Actual / Status
    Upcoming
  • 15:20USD

    Ny Fed Bill Purchases 1 To 4 Months

    Previous
    —
    Forecast
    —
    Actual / Status
    Upcoming
  • 15:30USD

    Natural Gas Storage

    Previous
    80B
    Forecast
    —
    Actual / Status
    Upcoming
  • 15:40EUR

    ECB Lane Speaks

    Previous
    —
    Forecast
    —
    Actual / Status
    Upcoming
  • 16:30USD

    4-Week Bill Auction

    Previous
    3.91%
    Forecast
    —
    Actual / Status
    Upcoming
  • 16:30USD

    8-Week Bill Auction

    Previous
    4.02%
    Forecast
    —
    Actual / Status
    Upcoming
  • 17:00USD

    15-Year Mortgage Rate

    Previous
    6.6%
    Forecast
    —
    Actual / Status
    Upcoming
  • 17:00USD

    30-Year Mortgage Rate

    Previous
    7.24%
    Forecast
    —
    Actual / Status
    Upcoming
  • 21:30USD

    Fed's Balance Sheet

    Previous
    6.75T
    Forecast
    —
    Actual / Status
    Upcoming
  • 21:30USD

    Reserve Balances with Federal Reserve Banks

    Previous
    2.9T
    Forecast
    —
    Actual / Status
    Upcoming
  • 22:00Scheduled
    Market timing

    Spreads widen and liquidity thins as the trading day rolls over.

  • 23:30JPY

    Average Cash Earnings (YoY)

    Previous
    3.8%
    Forecast
    3.8%
    Actual / Status
    Upcoming
  • 23:30JPY

    Overtime Pay (YoY)

    Previous
    5.2%
    Forecast
    —
    Actual / Status
    Upcoming
  • 23:50JPY

    Foreign Bond Investment

    Previous
    -92.6B
    Forecast
    —
    Actual / Status
    Upcoming
  • 23:50JPY

    Stock Investment by Foreigners

    Previous
    1.18T
    Forecast
    —
    Actual / Status
    Upcoming

Today's Trading Windows

Your trading day, in chronological order.

  • 00:00-00:20 UK

    —

    Caution WindowUpcoming

    Asian Price Preparation

    Treat Asian session highs and lows as starting points, not evidence of how GBP/USD will trade during London.

    Volatility · Quiet
    Related toAsian SessionUpcoming
  • 00:50-03:30 UK

    —

    Caution WindowUpcoming

    Asian Price Preparation

    Treat Asian session highs and lows as starting points, not evidence of how GBP/USD will trade during London.

    Volatility · Quiet
    Related toAsian SessionUpcoming
  • 03:50-06:55 UK

    —

    Caution WindowUpcoming

    Asian Price Preparation

    Treat Asian session highs and lows as starting points, not evidence of how GBP/USD will trade during London.

    Volatility · Quiet
    Related toAsian SessionUpcoming
  • 07:15-07:55 UK

    —

    Caution WindowUpcoming

    Asian Price Preparation

    Treat Asian session highs and lows as starting points, not evidence of how GBP/USD will trade during London.

    Volatility · Quiet
    Related toAsian SessionUpcoming
  • 08:20-09:20 UK

    —

    Fair WindowUpcoming

    London Price Check

    Wait for London trading to show whether GBP/USD holds beyond the Asian session high or low.

    Volatility · Moderate
    Related toLondon SessionUpcoming
  • 09:20-09:45 UK

    —

    Dangerous WindowUpcoming

    GBP Construction PMI at 09:30 UK may interrupt GBP/USD trading during the London morning.

    Wait for GBP/USD to settle after Construction PMI before considering an entry.

    Volatility · High
    Related toLondon SessionExecution risk elevatedUpcoming
  • 09:45-11:45 UK

    —

    Caution WindowUpcoming

    Repeated News Interruptions

    Do not assume a GBP/USD price change following one announcement will survive the other scheduled announcements.

    Volatility · Quiet
    Related toLondon SessionUpcoming
  • 11:45-12:45 UK

    —

    Dangerous WindowUpcoming

    GBP BoE Interest Rate Decision and accompanying reports at 12:00 UK can produce sharp changes in GBP/USD.

    Avoid new GBP/USD entries during the decision and its first sharp price changes.

    Volatility · High
    Related toGBP BoE Interest Rate Decision · 12:00London SessionExecution risk elevatedUpcoming
  • 12:45-13:20 UK

    —

    Caution WindowUpcoming

    Repeated News Interruptions

    Do not assume a GBP/USD price change following one announcement will survive the other scheduled announcements.

    Volatility · Quiet
    Related toLondon SessionLondon / NY OverlapNew York SessionHigh liquidityUpcoming
  • 13:20-14:30 UK

    —

    Dangerous WindowUpcoming

    USD data at 13:30 UK and Fed speeches at 13:50 and 14:10 UK create several possible interruptions for GBP/USD.

    Avoid chasing GBP/USD price changes between the USD releases and Fed speeches.

    Volatility · High
    Related toLondon SessionLondon / NY OverlapNew York SessionExecution risk elevatedUpcoming
  • 14:30-14:55 UK

    —

    Best WindowUpcoming

    Conditional Trading Opportunity

    Consider entries only if GBP/USD stops repeatedly crossing the high and low formed around the 14:10 UK Fed speech.

    Volatility · Moderate
    Related toLondon SessionLondon / NY OverlapNew York SessionHigh liquidityUpcoming
  • 15:15-15:35 UK

    —

    Best WindowUpcoming

    Conditional Trading Opportunity

    Consider entries only if GBP/USD stops repeatedly crossing the high and low formed around the 14:10 UK Fed speech.

    Volatility · Moderate
    Related toLondon SessionLondon / NY OverlapNew York SessionHigh liquidityUpcoming
  • 15:55-17:00 UK

    —

    Best WindowUpcoming

    Conditional Trading Opportunity

    Consider entries only if GBP/USD stops repeatedly crossing the high and low formed around the 14:10 UK Fed speech.

    Volatility · Moderate
    Related toLondon SessionLondon / NY OverlapNew York SessionHigh liquidityUpcoming
  • 17:00-21:20 UK

    —

    Caution WindowUpcoming

    Selective Trade Management

    Keep existing GBP/USD trades only while their original reasons for entry remain visible on the chart.

    Volatility · Quiet
    Related toNew York SessionUpcoming
  • 21:20-21:50 UK

    —

    Dangerous WindowUpcoming

    USD Fed's Balance Sheet at 21:30 UK adds another scheduled announcement affecting GBP/USD.

    Check open GBP/USD trades before the 21:30 UK announcement.

    Volatility · High
    Related toExecution risk elevatedUpcoming

Today's Guidance

Mark the Asian session high and low on GBP/USD. Check whether a candle on the 1-hour chart closes outside those boundaries before considering an entry.

Today's guidance illustration

Alternative scenario

If

After 14:30 UK, GBP/USD repeatedly crosses both the high and low formed during the 14:10 UK Fed Barkin Speaks.

Then

Cancel the 14:30-17:00 UK trading window until GBP/USD holds beyond one of those prices.

Guidance — not a prediction. Today's plan may need to be reassessed if this trigger materialises.

Today's Trading Checklist

Run through every step below before placing a trade today.

Statuses update automatically as today's plan and trading windows progress. They show when each point is most relevant — you still confirm the trading conditions on the chart.

  1. Step 01Later

    Treat repeated GBP/USD entries as one daily risk budget.

  2. Step 02Later

    Skip any trade that would require widening its stop to survive scheduled news.

  3. Step 03Later

    Record whether each entry followed chart evidence rather than an economic forecast.

Use this checklist to guide today’s trading session.

Tip: Copy this checklist into today’s Workspace and tick items off as you trade.

Trading checklist illustration

Build the habit. Understand the market.