FX & CFD trading involves significant risk
GBP / USD continued to fall after weak retail sales data in Britain. Breakdown of support, the pair updated session lows at $ 1.5922, noting a decline of 0.4% for the day.
In December, the UK retail sales rose by 0.3% y / y vs. 1.1% y / y In monthly terms, had dropped by 0.1% against expectations of 0.2%. Sales excluding fuel marked decline by 0.3% in monthly terms in December vs. 0.1%, while year - rose 1.1% vs. 2.1%.
At the moment the pair rebounded from the lows reached in around $ 1.5940.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.