GBP Retail Sales MoM (Month-over-Month):
Forecast: 0.1%
Previous: 0.3%
Score Chance % (Down): 60%
GBP Retail Sales YoY (Year-over-Year):
Forecast: -0.3%
Previous: 0.7%
Score Chance % (Down): 70%
GBP Retail Sales ex Fuel MoM (Month-over-Month):
Forecast: 0.3%
Previous: -0.3%
Score Chance % (Down): 50%
GBP Retail Sales ex Fuel YoY (Year-over-Year):
Forecast: 0.3%
Previous: -0.3%
Score Chance % (Down): 50%
Scores from everyone's friend Chat GTP
Down
Trend is Down
Have had Retrace back into Resistance already
These score chance % assessments are based on the potential market reactions to the UK Retail Sales data, considering the implications of weaker-than-expected retail activity on the GBP. However, market movements can also be influenced by other factors, such as overall economic conditions, geopolitical events, and central bank policies. Traders and investors should monitor developments closely and adapt their strategies accordingly.
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