GBP #USD off the lows as UK Retail Sales beat estimates with 13.9% MoM in June
http://ntvforex.com/news/?id=6147a6. . 4 minutes ago . By Dhwani Mehta . . . . T he UK Retail Sales came in at 13.9% MoM in June. . Core Retail Sales for the UK jumped 13.5% MoM in June. . The cable off the lows on the upbeat UK Retail Sales data. . The UK retail sales came in at 13.9% over the month in June vs. 8.0% expected and 12.0% previous. The core retail sales, stripping the auto motor fuel sales, stood at 13.5% MoM vs. 7.5% expected and 10.2% previous. . On an annualized basis, the UK retail sales stood at 1.6% in June versus 6.4% expected and 13.1% prior while the core retail sales unexpectedly rose 1.7% in the reported month versus 3.7% expectations and 9.8% previous. . FX implications . #GBP #USD moved…

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