Trading the Crude Oil Inventories Report EUR/USD and other majors are set to edge up today, with heavy news ahead to drive the market. The following are some of the main factors expected to affect the trading on Wednesday. 09:30 GMT GBP Manufacturing Production This event will probably have the strongest immediate impact on the Pound. Production surprised with a nice rise of [...] The GBP has dropped significantly versus the CAD in the past month, and it is currently trading around 153.55. And now as evident in the data below, the daily chart is giving bullish signals, indicating that the GBP/CAD pair might go up. Forex traders can take advantage of this impending movement by having their Entry [...] It seems lately that traders that go against the Pound just can’t lose. The GBP/USD pair dropped about 1,600 pips in less than two months. The GBP/JPY cross dropped almost 2,000 pips in 3 months, and the EUG/GBP pair gained about 500 pips in 6 weeks. There are many economic speculations regarding the reasons of this [...]