Here are the key factors to keep in mind today for British Pound trades:

• UK BRC Like-for-Like Sales: BRC Like-for-Like Sales increased by 0.1% in December annualized. Economists predicted an increase of 0.5%. Forex traders can compare this to BRC Like-for-Like Sales for November which decreased by 0.4%.
• UK Industrial Production and Manufacturing Production: Industrial Production for November is predicted at 0.0% monthly and to increase by 1.7% annualized. Forex traders can compare this to Industrial Production for October which increased by 0.1% monthly and by 1.7% annualized. Manufacturing Production for November is predicted to increase by 0.1% monthly and to decrease by 0.8% annualized. Forex traders can compare this to Manufacturing Production for October which decreased by 0.4% monthly and by 0.1% annualized.
• UK NIESR GDP Estimate: The NIESR GDP Estimate for December is predicted to increase by 0.6% monthly. Forex traders can compare this to the NIESR GDP Estimate for November which increased by 0.6% monthly.

Here are the key factors to keep in mind today for US Dollar trades:

• US NFIB Small Business Optimism: NFIB Small Business Optimism for December is predicted at 95.0monthly. Forex traders can compare this to NFIB Small Business Optimism for November which was reported at 94.8 monthly.
• US JOLTS Job Openings: JOLTS Job Openings for November are predicted at 5.425 million monthly. Forex traders can compare this to JOLTS Job Openings for October which was reported at 5.383 million monthly.
• US IBD/TIPP Economic Optimism: IBD/TIPP Economic Optimism for January is predicted at 47.5 monthly. Forex traders can compare this to IBD/TIPP Economic Optimism for December which was reported at 47.2 monthly.

Open your PaxForex Trading Account now and add this currency pair to your forex portfolio.