The British Pound depreciated against the US Dollar, following the UK Retail Sales release on Thursday at 09:30 GMT. The GBP/USD exchange currency rate lost 13 pips or 0.10% right after the release. The Pound continued trading at the 1.3090 level against the Greenback.
The Office for National Statistics released the UK Retail Sales data, which came out worse-than-expected of negative 0.6% compared with the forecast of 0.3%.
According to the official release: "The quantity bought in November 2019 fell by 0.6% when compared with the previous month, with only household goods stores reporting growth. Online sales as a proportion of all retailing was 18.7% in November 2019, compared with the 19.1% reported in October 2019."
| Date | 15.08.19 | 19.09.19 | 17.10.19 | 14.11.19 | 19.12.19 |
|---|---|---|---|---|---|
| Actual | 0.2% | -0.2% | 0.0% | -0.1% | -0.6% |
| Forecast | -0.3% | -0.2% | -0.1% | 0.2% | 0.3% |
| Pair | Open | Close | Change |
|---|---|---|---|
| EUR/GBP | 0.84962 | 0.85028 | 0.08% |
| GBP/CAD | 1.71896 | 1.71756 | -0.08% |
| GBP/JPY | 143.57900 | 143.45 | -0.09% |
| GBP/USD | 1.31034 | 1.30923 | -0.08% |
| Pair | Longs | Shorts |
|---|---|---|
| EUR/GBP | 50.7% | 49.3% |
| GBP/CAD | 25.7% | 74.3% |
| GBP/JPY | 47.8% | 52.2% |
| GBP/USD | 37.1% | 62.9% |
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