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Negative statistics from the UK

Negative statistics from the UK | 18 June 2021

18 June 2021, GBP/USD

GBPUSD trading plan:

British retail sales fell unexpectedly last month as a lifting of lockdown restrictions encouraged spending in restaurants rather than shops, according to official data. Retail sales fell 1.4% between April and May, the Office for National Statistics said. «Anecdotal evidence suggests the easing of hospitality restrictions had an impact on sales as people returned to eating and drinking at locations such as restaurants and bars, » the Office for National Statistics said. This is a negative macroeconomic statistics for the British currency.

Investment idea: sell 1.3890 and take profit 1.3859.

David Johnson
Analyst of «FreshForex» company
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