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Not a key piece of data GBPUSD steady still at 1.6769 EURGBP 0.8121
The CBI reports that expectations for June remain upbeat after this disappointing survey with a balance of 29% of retailers looking forward to better sales.
The Confederation of British Industry (CBI) Distributive Trades Survey (DTS) measures the health of the retail sector. The reading is compiled from a survey of about 150 retail and wholesale companies. It includes measures of sales activity across the distributive trades. It is a leading indicator of consumer spending. The figure is the difference between the percentage of retailers reporting an increase in sales and those reporting a decrease
