We will be trading the Asset Purchase Facility from the Bank of England.

What exactly will we be trading?
We will be trading total value of "£" the BOE will create and use to purchase assets in the open market.
The logic is : When things are bad for businesses , one way to boost business activity is to offer low cost of borrowing, the BOE had already lowered the interest rate to the lowest possible rate (0.5%) and the market still needed some boost, thus they began this temporary program called "Asset Purchase Facility" in Mar 2009, to boost the markets up.
Actual < Forecast = Good for currency;
Possible Conflicts?
Interest rate announcement (Very Unlikely)
Currency Pair: GBP/USD
This Report has made a spike on the GBPUSD of: 186 pips the one time it has deviated from expectation
Spike Triggers:
Expectation:
Interest Rate Statement 0.5
Asset Purchase Facility 325
Deviation of +/- 10 on the Asset Purchase Facility
i.e.
If Actual +10 : "Sell" GBPUSD
If Actual -10 : "Buy" GBPUSD
Be Aware more is bad for currency
Accept up-to 40 Pips spread/slippage. if our spike triggers are hit.
Note: This Report has made a spike on the GBPUSD of: 186 pips the one time it has deviated from expectation

Spike Move Sustains?: Yes. If Spike Trigger is hit


Non Spike Trade Plan:
There is a small chance that they may increase the Asset Purchase Facility, so if you can withstand a move against you, I would Sell GBPUSD pre news. Since we have a double dip recession in UK and the govt is under pressure to Do more.