GBP/USD: UK Retail Sales

Source: Dukascopy Bank SA

The British Pound depreciated against the US Dollar, following the UK Retail Sales data release on Thursday at 08:30 GMT. The GBP/USD exchange currency rate lost 8 pips or 0.06% during a minute, right after the release. The British Pound continued trading at the 1.3101 area.

The Office for National Statistics released UK Retail Sales data that came out lower-than-expected of negative 0.8% compared with forecasted negative 0.4%.

The ONS Head of Retail Sales Rhian Murphy said: Retail continued to grow in the three months to September with jewellery shops and online stores seeing particularly strong sales. This was despite a stark slowdown in food sales in September, following a bumper summer."

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Historical Data Table: Retail Sales m/m  Economic Calendar for 19.10.2018
           
Date 14.06.2018 19.07.2018 16.08.2018 20.09.2018 18.10.2018 6:30 AM JPY BOJ Gov Kuroda Speaks
Actual 1.30% -0.50% 0.70% 0.30% -0.80% 12:30 PM CAD CPI m/m
Forecast 0.50% 0.10% 0.20% -0.20% -0.40% 12:30 PM CAD Core Retail Sales m/m
           
Initial Reaction on Main Pairs SWFX Sentiment Indexes
           
  Open Price Close Price % Change   Longs Shorts
GBP/USD 1.31041 1.31012 -0.02% GBP/USD 48.07% 51.93%
EUR/GBP 0.87827 0.87847 0.02% EUR/GBP 74.20% 25.80%
GBP/CAD 1.70837 1.70815 -0.01% GBP/CAD 62.00% 38.00%
GBP/JPY 147.518 147.473 -0.03% GBP/JPY 44.90% 55.10%

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