Coming up at the bottom of the hour- UK March retail sales

Author: Mike Paterson | Category: News

Yes folks it's UK data risk time at 08.30 GMT

We'll get to see whether the underlying retails/consumer spending trend is still soggy despite last month's better than prev rebound.

Wages lagging behind rising inflation the main culprit for the weaker sector.

Will we break out of 1.2770-1.2850? Unlikely unless the figure comes in well wide of expectations.

Order boards here and here

Currently 1.2808 in retreat again with EURGBP up to 0.8371.

Data expectations:

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