Negative macroeconomic statistics from the UK | 24 Enero 2022
24 Enero 2022, GBP/USD
GBPUSD trading plan:
UK retail sales volumes fell by 3.7% in December 2021 but were 2.6% higher than their pre-coronavirus February 2020 levels. The Omicron variant, which increased rapidly during December, was reported by some retailers as impacting retail footfall. Automotive fuel sales volumes fell by 4.7% in December 2021 as increased home working in December 2021 reduced travel; sales volumes were 6.6% below their February 2020 levels. Food store sales volumes fell by 1.0% in December 2021; despite the fall in December, volumes were 2.0% above levels in February 2020.
Investment idea: sell 1.3575 and take profit 1.3520.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
