GBP/USD off the lows as UK Retail Sales beats estimates with +13.9% MoM in June

• The 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.          

more to come ...