GB Retail Sales Ex Gasoline (M/M)


Fx News Spike Signals by Crazy Cat, 2019/11/14

Release Time: 04:30 New York time (EST)
Primary currency pair: GBP/USD
Forecast: 0.2%
Prior: 0.2%
LT1 (Lower Trigger 1): --- [SELL]
UT1 (Upper Trigger 1): +++ [BUY]
Safety: 7

Due to uncertainty about Brexit and coming U.K. elections, be careful about trading British reports for the next few months. The market surely is very focused on the Brexit outcome. For that reason, I will not provide triggers today.

Based on 20 estimates for GB Retail Sales without Gasoline (M/M), median estimate is 0.2%, and the average estimate is 0.21%. The highest estimate is 0.7% (one estimate), the second highest is 0.5% (two votes), then 0.4% (three estimates), then 0.3% (three estimates), then 0.2% (four estimates), 0.0% (four votes), -0.1% (one vote), and finally -0.2% (two estimates). One standard deviation is +/- 0.24, slightly lower than last month.

As always it's a very good habit to check historic price action by going to our economic calendar where you can check exactly what happened in the past but just be careful.

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