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UK retail sales preview: What to expect of GBP/USD?

By : Mex Group

UK retail sales preview: What to expect of GBP/USD?

15 September 2016, 09:29

The GBP/USD pair extends its retreat from 1.3280 levels, and now meanders near session lows of 1.3234 as we progress towards the UK retail sales data due for release at 0830GMT, with markets expecting the retail trade to drop in August.

GBP/USD 0001-01-01T00:00:00
0/0 (0%)
H0 L0

S3S2S1R1R2R3
1.3232300281524 1.3241900205612 1.3247300386428 1.3262300491333 1.3271900415420 1.3277300596237

Trend IndexOB/OS Index
Bullish Overbought