GBP/USD. Main event of the week: Retail sales in the UK (April 21, 11:30 GMT +3)

Recently, GBP has steadily decreased. In addition to weak economic statistics, UK is also threatened by “Brexit” – the United Kingdom European Union membership referendum.

Due to the risks associated with this uncertainty, investors are shifting into other assets, and GBP continues to fall. Investors plan to hold a referendum in summer (June or July).

The indicators were higher than was expected over the last report. The increase is seen as a positive GBP movement. This indicator has a very strong influence on inflation. If this week’s retail sales, as in the past two months, are better than was expected, it will have a large positive effect for the currency. Read more...http://www.darbasinternete.net/forex-trading-news/params/post/837944/