Economic Overview:


GBP/USD short-term view

The US retail sales data is scheduled to be released on Wednesday at 13:30 GMT. This can alternatively influence the financial markets through changes to the value of the Dollar. If the GBP/USD is too above 1.1900 could be upward resistance 1.2000 before. Above that, there is also resistance at 1.2100 and 1.2150 . Whereas, a decline of the Pound below 1.1800 and the 50-hour SMA looks for support at 1.1750.


Happy Pips!