Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.
The typical/expected impact on GBP pairs is high.
There is no forecast value for Retail Sales (MoM) yet - check back for updates.
(A summary of the historic trading range after each event is not available for Retail Sales (MoM). Please check the candle charts instead.)
The trading range of GBPUSD was pips following the most recent Retail Sales (MoM).
The most recent announced value for Retail Sales (MoM) was -0.3% against a forecast of 0.3%.
Recent economic data has been strongly bullish for GBP. Other recent announcements which may affect the market's interpretation of the next Retail Sales (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
GfK Consumer Confidence | Bullish change | -30 | -24 | ||
S&P Global/CIPS Composite PMI | Bullish change | 48.7 | 50.1 | ||
S&P Global/CIPS Manufacturing PMI | Bullish change | 44.8 | 46.7 | ||
S&P Global/CIPS Services PMI | Bullish change | 49.5 | 50.5 | ||
Retail Sales (YoY) | Bearish change | -1% | -2.7% | ||
Retail Sales ex-Fuel (MoM) | Bullish change | -1.3% | -0.1% | ||
Retail Sales ex-Fuel (YoY) | Bearish change | -1.5% | -2.4% |
Country: | United Kingdom |
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Currency: | GBP |
Source: | Office for National Statistics |
Category: | Consumption |
Frequency: | Monthly |
The value of Retail Sales (MoM) has been announced.
Forecast | Actual |