
At 09:00 (GMT+2), the UK will release October retail sales data, an indicator that tracks the monthly volume of all goods sold based on samples of stores of different types and sizes. It is an important indicator of consumer spending, which has a significant impact on gross domestic product (GDP). It can slow from 0.5% to 0.1% MoM and from 1.5% to 0.6% YoY, putting pressure on the pound.

