British Retail Sales is considered one of the most important economic indicators. A reading that is higher than the market forecast is bullish for the British pound. Here are all the details, and 5 possible outcomes for GBP/USD. Published on Thursday at 9:30 GMT. Indicator Background Retail Sales is the primary gauge of consumer spending, a critical component of economic growth. Traders should treat this indicator as a market-mover. Retail Sales surged in September, with a gain of 1.9%, crushing the estimate of 0.3%. This marked the indicator’s sharpest gain since December 2013. The markets are braced for a downturn ... (full story)