Important upcoming events and publications for February 15 (GMT):
09:30 U.K. Retail Sales fell sharply last month by 0.9%, and it is expected to show some rebound in January by 0.2%. British statistics for the past few weeks have been disappointing, causing pressure on the GBP. This time everything will be the same?
14:15 U.S. Industrial Production is expected to continue to grow in stark contrast to the deteriorating eurozone and U.K. performance. Strong data can additionally support USD.
18:00 U.S. Consumer sentiment index fell sharply last month. The published fresh estimate for February can either confirm that the optimism peak has passed, or, on the contrary, to show recovery following the reopening of the government.
See the detailed Economic calendar here
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- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
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