UK Retail Sales rebound sharply by 1.9% MoM in January vs. 1.0% expected
The UK Retail Sales came in at 1.9% MoM in January, a big beat. Core
Financial and Business News
The UK Retail Sales came in at 1.9% MoM in January, a big beat. Core
GBP/USD inched back closer to the monthly high, albeit lacked follow-through buying. Bulls, so far,
GBP/USD has broken above 1.36. Economists at Scotiabank expect cable to enjoy further gains towards
GBP/USD maintains a slight upward bias in its broader range. Analysts at Credit Suisse look
GBP/USD gained traction for the third successive day and climbed to a fresh weekly high.
Price action in the GBP/USD pair looks contained to a 1.35-1.36 range for the most
The unemployment rate in the UK remained unchanged at 4.1% in December. UK claimant count
GBP/USD regained positive traction on Tuesday and reversed a major part of the overnight losses.
GBP/USD catches an opening bid in Asia digging into the 1.3570's. A busy week of
GBP/USD attracted dip-buying on Friday and reversed a dip back closer to the weekly low.