UK retail sales rebounded strongly in March, with volumes rising 0.7% mom, well above expectations of 0.0% and reversing a revised -0.6% decline in February. The data points to a solid end to the first quarter, with overall retail volumes increasing 1.6% qoq. However, the strength was driven largely by a surge in fuel sales, […]
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Daily Pivots: (S1) 214.78; (P) 215.27; (R1) 215.58; More… Intraday bias in GBP/JPY remains neutral and more consolidations could be seen below 215.89. Further rise is expected as long as 213.29 resistance turned support holds. Read more…
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Daily Pivots: (S1) 186.37; (P) 186.67; (R1) 186.91; More… EUR/JPY is staying in consolidations below 187.93 and intraday bias remains neutral. Another fall might be seen to 38.2% retracement of 182.56 to 187.93 at 185.87. Read more…