please help "Retail Sales "

princedodi

Trader
Feb 5, 2013
19
0
12
"A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP." this mean that i must buy GBP in "GBP USD "pair ,as GBP price will increase but what i find is that they sell it
 

Rambo35

Confirmed PaxForex Representative
Apr 22, 2013
909
24
32
Canada
As Enivid stated, it does not always work like that. You should never take any single indicator as a buy/sell signal.