GBP/USD: UK Retail Sales

Note: This section contains information in English only.
Source: Dukascopy Bank SA

The British Pound appreciated against the US Dollar, following the UK Retail Sales data released on Thursday at 09:30 GMT. The GBP/USD exchange currency rate gained 11 pips or 0.09% during a minute, right after the release. The British Pound continued trading at the 1.3050 area against the US Dollar.

The Office for National Statistics released UK Retail Sales data that came out better than expected of 0.4%, compare to forecasted negative 0.4%.

Rhian Murphy, the ONS's head of retail sales, said: "Retail sales continued to bounce back in the three months to February with strong increases in fuel sales and online shopping. "

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Historical Data Table: Retail Sales m/m  Economic Calendar for 25.03.2019
           
Date 15.11.2018 20.12.2018 18.01.2019 15.02.2019 21.03.2019 9:00 AM German Ifo Business Climate
Actual -0.50% 1.40% -0.90% 1.00% 0.40% 21:45 PM NZD Trade Balance
Forecast 0.20% 0.30% -0.80% 0.20% -0.40% - -
           
Initial Reaction on Main Pairs Open Position Proportions on 22.03.2019
           
  Open Price Close Price % Change   Longs Shorts
GBP/USD 1.31632 1.31705 0.06% GBP/USD 40.93% 59.07%
EUR/GBP 0.86592 0.8657 -0.03% EUR/GBP 55.63% 44.37%
GBP/CAD 1.75129 1.75228 0.06% GBP/CAD 29.80% 70.20%
GBP/JPY 145.331 145.408 0.05% GBP/JPY 36.79% 63.21%

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