Friday, 22 January 2010

Retail Sales m/m to be released today:

The forecast is 1.3% which is more than the previous report when  the forecast was 0.5% and the actual number was -0.3% with a negative affect over the British currency. If the actual percentage today is higher than 1.3% we may see a short rise for the GBP. The current price is 1.6267 and a rise towards 1.6300 may be possible after positive report.