Negative macroeconomic statistics from the United States | 18 January 2021

18 January 2021, GBP/USD

Negative macroeconomic statistics from the United States

GBPUSD trading plan:

U.S. retail sales fell for a third straight month in December as renewed measures to slow the spread of COVID-19 triggered job losses. Retail sales dropped 0.7% last month. Data for November was revised down to show sales tumbling 1.4% instead of 1.1% as previously reported. The monthly decline in sales was led by a 4.5% plunge at restaurants and bars after many authorities banned indoor dining over the holiday season. Online sales tumbled 5.8%. Receipts at electronics and appliance stores dropped 4.9%. Consumers also cut back spending at sporting goods, hobby, musical instrument and book stores as well as beverage stores.

Investment idea: Buy 1.3550 and take profit 1.3605.

David Johnson
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus