British Retail Sales is considered one of the most important indicator of consumer spending. A reading that is higher than the market forecast is bearish for the US dollar. Here are all the details, and 5 possible outcomes for GBP/USD. Published on Friday at 8:30 GMT. Indicator Background Consumer spending is one of the most important components of the economy, and strong numbers in this sector signify growth and a stronger economy. Given the importance that analysts attach to this economic indicator, an unexpected reading can affect the direction of GBP/USD. The March reading of -0.8% was a major disappointment, as ... (full story)