Retail sales in Great Britain: July 2016 | Forex Factory

Retail sales in Great Britain: July 2016 | Forex Factory

Retail sales in Great Britain: July 2016

From ons.gov.uk

The reporting period for this release covers a 4 week period from 3 July to 30 July 2016 and therefore includes data for the month following the EU referendum. The data are based on sales made in Great Britain and will include sales made to both Great Britain residents and non-residents. In July 2016, the quantity bought (volume) of retail sales is estimated to have increased by 5.9% compared with July 2015; all sectors showed growth with the main contribution coming from non-food stores. Compared with June 2016, the quantity bought increased by 1.4%; all sectors showed growth with the main contribution again coming ... (full story)

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Aug 18, 2016 4:18pm

Quoting OnlineAddict

Disliked

Brexit didn't happen yet.

Ignored

Suggestion being that people, companies, governments don't make plans in advance?

The consensus was that a Brexit vote would cause an immediate shock, in recession was the consensus.

Seems like it won't be that bad after all. Though it is early days.

Aug 18, 2016 5:32am

Quoting Fx 35

Disliked

Thanks GBP, over 1000 pips for the day long GBP/CAD and GBP/JPY on multiple entries, its getting time to close out now. The worst thing is being greedy and give it all back to the market.

Ignored

1000 pips in 1 day!!! Man you ruined the market. LOL. Good Luck!

Aug 18, 2016 7:02am — Edited

Quoting UnBearybull

Disliked

In U.K. the rain p1$$es down most of the time except for 2 months, shoppers come out in Jul-Aug then go back in until December.

Ignored

With all of that rain many people are still prepared to pay £1 for a bottle of water. There is loads of the stuff in a tap!

We live in a wonderful climate, just look how green the landscape is when flying into Heathrow or Gatwick, our green and pleasant land!

I am going to expand on the £1 bottle of water.

You can purchase 50 imperial gallons of water from your water company for £0.35, yes 35p, it's not a typo, and that's enough water to drown in!

There are 400 imperial pints in 50 imperial gallons, so that is 0.0875p a pint. So at £1 for a pint of bottled water that is a mark up of 114285.71% That's a fantastic margin!

So, bottle some water, call it a fancy name e.g. Natural South Downs Mineral Water, as people are gullible and are easily flummoxed by a fancy label. Very little risk and a huge reward. The stuff is recyclable as it rains and keeps the tap flowing, so you don't have to depend on the delivery of a supplier. Sounds much better than forex trading. I'm beginning to convince myself. Yep, I'm going to price up a bottling machine.

Aug 18, 2016 3:42am

Quoting JakubSzalaFX

Disliked

Interesting how price started to behave just 5 minutes beofre the release.

Ignored

Yeah, because all animals are equal but some are more equal than others .... get my drift? ... lol

Oh! And BTW, don't even think of trading that phenomena as you will fall on your nose more times than you might think .... just my 2cts....

Aug 18, 2016 11:16am

Quoting verv

Disliked

Shoppers defying the economists, the Brexit was supposed to crush the economy.

Ignored

Brexit didn't happen yet.

Aug 18, 2016 5:12am

hold the long?

Aug 18, 2016 3:53am

Quoting JakubSzalaFX

Disliked

Interesting how price started to behave just 5 minutes beofre the release.

Ignored

Uk is only country where Data leaks more than often before the release

Aug 18, 2016 4:18am

Shoppers defying the economists, the Brexit was supposed to crush the economy.

Aug 18, 2016 3:34am

Interesting how price started to behave just 5 minutes beofre the release.

Aug 18, 2016 3:42am

Quoting Spec_And

Disliked

Record GBP large spec shorts are going to be roasted.

Ignored

LOL, I love roast.

Aug 18, 2016 4:09am

Quoting Guest

Disliked

Guys now good opportunity after 300 pips up to go aggressive short GBP/USD

Ignored

Nope, Not agree, It has longterm long bias

Aug 18, 2016 4:51am

Quoting Pleiadian

Disliked

Harmonic traders knew about this price action since 1.2687. Trade what you see. Thank you Mr Market!

Ignored

right, 100% agree.

Aug 18, 2016 5:33am

Quoting Mayly-May

Disliked

hold the long?

Ignored

Why not? Yes but you need a strong mind on the retrace time if you gonna hold that.

Aug 18, 2016 4:39am — Edited

Harmonic traders knew about this price action since 1.2867. Trade what you see. Thank you Mr Market!

Aug 18, 2016 4:45am — Edited

We are also doing great in the Rio Olympics medal tally. For an island nation we are awesome!

Aug 18, 2016 5:12am — Edited

Quoting cliffedwards

Disliked

?

1.2687? Cable? And that would have been.. when?

Ignored

Ha Ha Ha Ha ! typo 1.2867

Aug 18, 2016 3:45am

There Peso is down and yes Retail is way up, ok......i think you guys know about the bridge that is for sale....

Aug 18, 2016 3:36am

Record GBP large spec shorts are going to be roasted.

Aug 18, 2016 5:03am

Thanks GBP, over 1000 pips for the day long GBP/CAD and GBP/JPY on multiple entries, its getting time to close out now. The worst thing is being greedy and give it all back to the market.

Aug 18, 2016 4:30am

We are doing just fine after Brexit.

Aug 18, 2016 10:13am

Quoting Kinsman

Disliked

Brexit hasn't happened yet. It's not even really begun. This rise could be seen as shoppers doing a bit of panic buying as they keep getting told costs are going up.

Ignored

Will you give it a rest. Even manage to make bad news out of good news. Bargain hunters are looking for opportunities to buy GBP.

Aug 19, 2016 4:10am

We were just discussing this with our team earlier.
Seems like until the GB decides to apply for the actual leave triggering the article 50, the market is up for a roller-coaster. And for now 1.30 - 1.33 is the diapason.

Aug 18, 2016 6:13am

In U.K. the rain p1$$es down most of the time except for 2 months, shoppers come out in Jul-Aug then go back in until December.

Aug 18, 2016 4:14am

wow...what a move!

Aug 18, 2016 4:58am

Good figures, Interesting inventory dynamic, 2% discounting, in face of 15%+ on import stock replacement costs. Nice breakout on last week..

Aug 18, 2016 5:09am

Quoting Pleiadian

Disliked

Harmonic traders knew about this price action since 1.2687. Trade what you see.

Ignored

?

1.2687? Cable? And that would have been.. when?

Aug 18, 2016 5:38am

Quoting Pleiadian

Disliked

...1.2867. Trade what you see. !

Ignored

NP.. LoL... useful link.. https://www.specsavers.co.uk/stores
(only joking..LoL)

Aug 18, 2016 8:43am

Brexit hasn't happened yet. It's not even really begun. This rise could be seen as shoppers doing a bit of panic buying as they keep getting told costs are going up.

Trader#1F83

Aug 18, 2016 3:43am

Guys now good opportunity after 300 pips up to go aggressive short GBP/USD

Trader#1F83

Aug 18, 2016 3:46am

Stop lost 1,3210 take profit 1,2920 short GBP/USD

Trader#A6FA

Aug 18, 2016 4:03am

The number is good because of the increase in the inventories..............or sold at COST. nothing gr8 about the report.

Good to go SHORT on GBP as still the issue of BREXIT remains................

Trader#1850

Aug 18, 2016 4:09am

european union for idiot

Trader#7114

Aug 18, 2016 4:38am

see the news is correct, the those tourist went shopping in UK, good bargain after Brexit...

Story Stats

Aug 18, 2016 3:30am
Posted by
Newsstand

High Impact Breaking

33

12.2K
Linked events:

UK Retail Sales m/m