Retail Sales

Todays Retail Sales figures were better than expected. The forescast was 0.3% and the M/M was 0.8% which gave an immediate rise to the GBP.

Next item on the agenda is the Unemployment Claims which is expected at 345,000. Unless the figure is greater than 350,000 it probabky is not worth worrying about this.

That will be it for today so really now Retails Sales is over the remaining day should be all techncal.

Good luck.

Forex Analysts
Javid Shaik & Anne Chapman