United Kingdom Retail Sales ex-Fuel (YoY) below expectations (5.9%) in January: Actual (4.8%)

FXStreet.com (Barcelona)

United Kingdom Retail Sales ex-Fuel (MoM) came in at -0.7%, below expectations (-0.1%) in January

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GBP/USD accelerates the downside

The pound is quickly depreciating vs. the US dollar following the release of UK retail sales, with GBP/USD falling to the 1.5350 area...
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