cpatatos
Short

#GBPUSD Expecting Retail Sales in 30 Minutes

FX:GBPUSD   Pound Sterling/U.S. Dollar
35 0 0
Expected Retails Sales in the U.K for May are expected to be negative to -0.5%. This is a primary gauge of consumer spending, which accounts for the majority of overall economic activity. Anything better than expected will have Cable shoot up!!! But isn't this already in the price? My charts show an extreme scenario on the 1H and 4H charts. The pair has gained well over 1 figure since yesterday... I am expecting some 50-70 pip reversal to 1.6930-50 until the end of tomorrows session.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out