UK CBI reported sales index Jan 39 vs 32 exp via ForexLive

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• sales expectations for Feb 42 vs 35 Jan.. highest since Sept 2014

The Confederation of British Industry (CBI) Distributive Trades Survey (DTS) measures the health of the retail sector. The reading is compiled from a survey of about 150 retail and wholesale companies. It includes measures of sales activity across the distributive trades. It is a leading indicator of consumer spending. The figure is the difference between the percentage of retailers reporting an increase in sales and those reporting a decrease.

GBPUSD  1.5136 understandably unfazed by this not really so important release but but overall pound pairs still in demand mostly by default

posted via ForexLive