Weekly Outlook for Gbp

Weekly Outlook for Gbp


Quotes from Barclays Capital:
-UK economic data (CPI on Tuesday, retail sales on Thursday) and MPC minutes (Wednesday) are worth attention as potential sources of volatility for GBP.
-We expect CPI to be 2.5% y/y (cf. 2.5%) and retail sales of -0.2% m/m (cf. -0.5%), while the MPC minutes will shed more light on the discussion on the necessity of further easing.