GBPUSD wkly outlook

Degree: 15° 21'

People with the Moon in the same degree
Diplomatic, aesthetical, avoiding confrontation, understanding and attentive. Likes to spend time with the partner, hates situations that require to make a choice.

The Moon in Libra people have a desire to conciliate conflicting interests, to help even complete opposites to meet somewhere, to find a peaceful solution for a conflict situation. In short - they are inborn diplomates. Intuitively, they feel that everything in this world has two sides - a positive and a negative - and try to restore harmony where, as they think, there is no balance. If someone is praised onesidedly, the Moon in Libra will add something negative about that person. But if someone is criticized, the same Moon in Libra will add something positive to the mixture.

news 

Both the UK and US has some strong releases, last week with the UK showing better employment data, while the US had a strong consumer confidence release. As a a result, GBP/USD traded in a narrow range, unable to sustain a breakout in either direction.

Updates: Rightmove HPI looked very weak, declining by 2.4%. This was the lowest reading since December 2011. Public Sector Net Borrowing will be released on Tuesday. The markets are expecting a surplus, which would be the first since May.

GBPusd 

Elwave count Says we are still bullish above 1.5483 Look for a continuation of the wave 3

more news this week :

1. Rightmove HPI: Sunday, 23:01. This housing inflation index fell 1.7% in July, indicating reduced activity in the UK housing sector. The markets are hoping for an improvement in the August reading.
2. Public Sector Net Borrowing:Tuesday, 8:30. After a large deficit in the July reading, the markets are predicting a surplus this month. This would be bullish for the pound.
3. CBI Industrial Order Expectations: Tuesday, 10:00. This indicator has been improving, but is still in negative territory, with a July release of -7 points. The markets will  be hoping for an improved reading in this month’s release.
4. BBA Mortgage Approvals: Thursday, 8:30. There was a drop in the number of mortgage approvals last month, but the markets are predicting an improvement in August, with an estimate of 28.2 thousand.
5. CBI Realized Sales: Thursday, 10:00. This consumer spending indicator came in below forecast in July, but the markets are expecting a significant improvement, with a forecast 16 points.
6. Revised GDP: Friday, 8:30. GDP, released negatively, has posted negative numbers for the past two quarters. The markets are predicting another poor release for Q2, with an estimate of -0.5%. Another negative reading would be another sign of a weak UK economy and could hurt the pound. 
7. Preliminary Business Investment. Friday, 8:30. This indicator looked very strong in Q1, jumping 3.6%. The estimate for Q2 is a respectable 2.8% gain.

http://www.forexcrunch.com/category/forex-weekly-outlook/gbp-usd-outlook/

However we may be able top get a pull back in an harmonic pattern to advance forward with in the 5 Day moon Cycle A day of duty and defending of principles and beliefs. Day when energy is rising increasing. we have to focus on our plans and achieve our goals without obstacles. All new knowledge we receive today, as well as the food we eat, everythingis absorbed fully. Mostly positive, lucky and favorable day .


Battle strategy: Sun Tzu Says Fighting with a large army under your command is nowise different from fighting with a small one: it is merely a question of instituting signs and signals.

That is, cutting up the army into regiments, companies, etc., with subordinate officers in command of each. Tu Mu reminds us of Han Hsin's famous reply to the first Han Emperor, who once said to him: "How large an army do you think I could lead?" "Not more than 100,000 men, your Majesty." "And you?" asked the Emperor. "Oh!" he answered, "the more the better."