#GBPUSD Expecting Retail Sales in 30 Minutes

FX:GBPUSD   British Pound / U.S. Dollar
35 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.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener 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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out