UK Retail Sales (MoM) (Feb) rises to 0.7% , GBPUSD tests 1.5000 levels !

UK Retail Sales (MoM) (Feb) has jumped to 0.7% , above expectations 0.4% . This development should build strong pressure on main resistance 1.5000 levels . It’s psycho level and critical level on daily time frame .

Now focus will be on US data , Initial Jobless Claims & Services PMI . Negative US data could expose the 1.5000 levels and open the 1.5100 levels , while positive US data could mean a return to the 1.4850 /1.4800 levels …

MARKET DATA

UPCOMING ECONOMIC EVENTS