The typical/expected impact on GBP pairs is high.
The consensus forecast for Retail Sales (MoM) is 0.2%. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.
The most recent announced value for Retail Sales (MoM) was 0.9% against a forecast of 1.2%.
Other recent announcements which may affect the market's interpretation of the next Retail Sales (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
GfK Consumer Confidence | Bullish change | -19 | -17 |
Country: | United Kingdom |
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Currency: | GBP |
Source: | Office for National Statistics |
Category: | Consumption |
Frequency: | Monthly |