So, I have been religiously following fundamental news in the past weeks to get the feel of fundamental bias for the coming week. Last weekend all the articles and analysis from leading forex website telling me that GBP is definitely bearish for this week
Well, yesterday I found that instead of pushing down, GBP surge due to a positive update on labour cost. While I couldn’t find any indication that there will be an update on labour cost on any event calendars (or did I miss something here?). So my point is, there will be many fundamental surprises that I can’t foresee. This get me thinking, is there any benefit at all for getting fundamental bias for intraday trading? Im now practicing in trading 1H chart.
Anyone can share their experiences?