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. "
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% |