
At 08:00 (GMT+2), May data on retail sales will be published in the UK. Retail Sales indicator measures the change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations. It is the primary indicator of consumer spending, which influences the Gross Domestic Product (GDP). If the monthly figure rises from 1.2% and the annual figure from 5.0%, this will support the pound.

