UK retail sales rose...from Kary_K

UK retail sales rose faster-than-expected in June despite persistent high inflation of almost 8%. This is the highest for any major economy and remains a problem for many households, some economists say the recent drop in energy prices will give consumers more disposable income, which could support the economy of the country.

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I haven't waited for a long position since yesterday. I must admit, I did not expect a breakdown of the level of 1.08. Below is the nearest support level of 1.067 and it looks like it's too late to sell now. Further, it will already be 1.05, and if sales do not stop here, then we will reach 1.0. Have a nice flight everyone.

Kary_K

Closed my recent sale with a slight loss. It seems that gold won’t go down right now, but I don’t want to wait any longer. I think it is quite possible that there will be some more upward movement now.

Kary_K