EXNESS - Analytics


628.25 4.00/10
68% of positive reviews

GBPUSD: under pressure after publication of the retail sales volume in the UK

Sell on a level breakthrough of 1.5635 with 1.5568 target. Stop loss = 1.5685.

Reason for the trading strategy

The UK's retail sales increased by 0.1% (m/m) in February, with a forecast of 0.4% (m/m). The data reflect an insufficiently strong growth in consumer spending in the country, which form a substantial part of the UK's GDP. The statistics puts pressure on the pound.




To leave a comment you must be or register

By visiting our website and services, you agree to the conditions of use of cookies. Learn more I agree