Yes folks, it’s almost time for the data-risk event of the session!
Market expecting a far weaker reading than last time due to weather etc but we’ve still been seeing plenty of “sale must end tomorrow” type sales pushes so let’s see what happens.
GBPUSD still has the much mentioned bids at 1.6600-25 which will be challenged from here (1.6645) if weaker number but possibly aleady factored in. Offers at 1.6685-1.6700
And don’t forget the PSNBR data showing our govt public debt levels
As always, trade what you see. Ours is not to reason why, ours is just to sell and buy
UK retail sales preview 21 Feb
