This post for guys learning FA in later weeks/months - check the link 2 posts back - (one week back from now).
See the little chart, see too the trend on earnings, then check the thread title.
Often you will read that FA is useless, it’s always priced in or that it is extremely complicated.
Check out my little post on why central banks change interest rates, then also why it is that the market will front load numbers like earnings.
Note too how much time a trader has to think about numbers - it’s not all hair trigger stuff, far from it:
Anyways, here how GBP played out against the dollar-asset - USD - since the numbers release (first arrow, Tuesday of this week):
Then figure how TA kicked in next day (my last post and time of second arrow):
Edit: remember that the market is like a child, it has a short attention span and lives in the now - next week likely to be different.
