Breaking: GBP/USD drops below 1.3100 after UK Retail Sales drop 0.6% MoM in Dec vs. +0.7% expected

The UK Retail Sales drop 0.6% MoM in December.
The UK core Retail Sales fall 0.8% MoM in December.

More to come ...

Jan 17, 2020

United Kingdom Retail Sales ex-Fuel (YoY) came in at 0.7% below forecasts (2.9%) in December

GBP/USD drops to session low, around mid-1.3000s on awful UK retail sales

The GBP/USD pair failed to capitalize on its early uptick to over one-week tops and dropped to the lower end of its daily trading range, around the 1.