The British Pound depreciated against the US Dollar, following the UK Retail Sales data release on Friday at 09:30 GMT. The GBP/USD exchange currency rate lost 36 pips or 0.28% right after the release. The British Pound continued trading at the 1.3050 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 0.5%.
According to the official release: "All sectors except household goods stores and fuel saw a decline in the quantity bought for the three-month on three-month movement; driven mainly by non-food stores at negative 1.0%. The quantity bought in December 2019 fell by 0.6% when compared with the previous month; the fifth consecutive month of no growth."
| Date | 19.09.19 | 17.10.19 | 14.11.19 | 19.12.19 | 17.01.20 |
|---|---|---|---|---|---|
| Actual | -0.2% | 0.0% | -0.1% | -0.6% | -0.6% |
| Forecast | -0.2% | -0.1% | 0.2% | 0.3% | 0.5% |
| Pair | Open | Close | Change |
|---|---|---|---|
| EUR/GBP | 0.84927 | 0.8508 | 0.18% |
| GBP/CAD | 1.71095 | 1.70687 | -0.24% |
| GBP/JPY | 144.45700 | 144.127 | -0.23% |
| GBP/USD | 1.31139 | 1.30822 | -0.24% |
| Pair | Longs | Shorts |
|---|---|---|
| EUR/GBP | 44.7% | 55.3% |
| GBP/CAD | 39.0% | 61.0% |
| GBP/JPY | 63.7% | 36.4% |
| GBP/USD | 48.2% | 51.8% |
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