Overall, GBP/USD has been ranging across.
The British retail sales m/m data (Actual: -0.1%, Forecast: 0.2%, Previous: 0.0%) released was worse than forecasted.
Pound weakened slightly as a result.
GBP/USD next support level is at 1.27400 and the next resistance level is at 1.29800.
Since there are no updates on Brexit at the moment and GBP/USD has been ranging across, stay out of GBP/USD for the time being.
The British retail sales m/m data (Actual: -0.1%, Forecast: 0.2%, Previous: 0.0%) released was worse than forecasted.
Pound weakened slightly as a result.
GBP/USD next support level is at 1.27400 and the next resistance level is at 1.29800.
Since there are no updates on Brexit at the moment and GBP/USD has been ranging across, stay out of GBP/USD for the time being.