Friday, 19 February 2010

UK Retail Sales m/m will be released today:

The forecast is -0.5% and we must see a higher number than that in order to see some support in favor of the British currency on the market. On the previous report on Jan 22, the actual report number was lower than the expected and it had a bit of negative affect over the GBP. The report today will be released at 9:30 a.m. GMT.