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.
[/ANNOUNCE]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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