GBPUSD Technical Analysis 23.03 - 30.03: Breakdown to Reversal - page 2
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Press review
newdigital, 2014.03.27 11:21
2013-03-27 09:30 GMT (or 10:30 MQ MT5 time) | [GBP - Retail Sales]
if actual > forecast = good for currency (for GBP in our case)
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U.K. Retail Sales Growth Tops Expectations
Retail sales volume including automotive fuel rose 1.7 percent in February from January, the Office for National Statistics said. Sales were expected to grow 0.5 percent after falling 2 percent in January.
Excluding auto fuel, retail sales gained 1.8 percent in February, in contrast to a 2 percent fall in the prior month. Economists were looking for a 0.3 percent rise.
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GBPUSD M5 : 64 pips price movement by GBP - Retail Sales news event
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newdigital, 2014.03.28 11:38
2013-03-28 09:30 GMT (or 10:30 MQ MT5 time) | [GBP - Current Account]
if actual > forecast = good for currency (for GBP in our case)
==========
U.K. Q4 GDP Grows 0.7% As Initially Estimated
U.K.'s economic growth came in line with preliminary estimate at the end of 2013, data from the Office for National Statistics showed Friday.
Gross domestic product rose 0.7 percent sequentially in the fourth quarter, unrevised from the second estimate published on February 26. Year-on-year, GDP gained 2.7 percent, also as previous estimated.
At the same time, economic growth for 2013 was revised down to 1.7 percent from 1.8 percent.
Another report from the ONS said services output grew 3.2 percent in January from last year as all main components of the services industries expanded. From December, output advanced 0.4 percent.
In the fourth quarter, business investment rose by an estimated GBP 0.8 billion compared with the previous quarter, in line with previous estimate. The annual growth was revised to 8.7 percent from 8.5 percent, ONS said in a separate report.
The current account deficit was GBP 22.4 billion in the fourth quarter, down from a revised deficit of GBP 22.8 billion in the prior quarter. The deficit in fourth quarter equated to 5.4 percent of GDP at current market price, the statistical office reported.
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GBPUSD M5 : 23 pips price movement by GBP - Current Account news event