Analysts at Scotiabank explained that Sterling trading is likely to remain somewhat circumspect as Brexit and the resulting political headwinds continue to overshadow the GBP outlook.. Key Quotes: “UK retailers reported softer sales through Oct, according to the CBI’s survey which showed a net balance of +5, the slowest since Apr and down from +23 in Sep. Volumes slid sharply as well, with the CBI reporting that sales were “noticeably” below average and one of the weakest reports for this time of year in more than 5 years. Retailers will hope that the government’s apparent plans to reduce austerity in Wednesday’s budget statement will boost consumer activity. Sterling trading is likely to remain somewhat circumspect as Brexit and the resulting political headwinds continue to overshadow the GBP outlook.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EOS Technical Analysis: EOS/USD sees chunky buying, breaking out of range FX Street 4 years Analysts at Scotiabank explained that Sterling trading is likely to remain somewhat circumspect as Brexit and the resulting political headwinds continue to overshadow the GBP outlook.. Key Quotes: "UK retailers reported softer sales through Oct, according to the CBI's survey which showed a net balance of +5, the slowest since Apr and down from +23 in Sep. Volumes slid sharply as well, with the CBI reporting that sales were "noticeably" below average and one of the weakest reports for this time of year in more than 5 years. Retailers will hope that the government's apparent plans to reduce austerity in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.