The Fundamental FOREX Blog

Tomorrow, Thursday 11-19-09 at 4:30 AM ET, the GBP Retail Sales MoM Rate will be released.

This report will be released with two other economic news reports.

GBP Public Sector Net Borrowing
GBP Prelim M4 Money Supply m/m

The last time this report was released was on Thursday, 10-22-09 at 4:30 AM ET . It was a stand alone report at that time.

This report is released by the U.K.s National Statistics on a monthly basis.

And the Prelim M4 Money Supply report is released by the Bank of England.

Here is what is going on tomorrow:

GBP Retail Sales MoM stats:

previous = 0.0%

forecast = 0.6%

The “forecast” for this report shows a possibility of a small up turn of the GBP economy.

I will be watching the currency pair GBP/USD – if there is a full difference of 1.0% from the “forecast”, I may enter a trade.

I did post a “follow up” of this report soon after, click here to see what happened.

The next scheduled release of these reports is on Thursday, 12-24-09 at 5:30 AM ET, Christmas Eve!

I will probably post  a “previous” a day or two prior.

Stay tuned!