GBP/USD Signal - BRC Retail Sales - 6 Sep 2021

GBPUSD has bounced from a key pivot level as resistance prior to the BRC Like for Like Retail Sales Data, which measures changes in the actual value of retail sales from participating companies with invaluable management information on a regular and reliable basis. Technically the pair has bounced from trendline and pivot resistance, and the RSI has given a bearish signal. We anticipate continued downside.

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