GBP/USD remains below 1.30 as UK Retail Sales beat estimates with +0.8% MoM in August

• The UK Retail Sales came in at +0.8% MoM in August.
• Core Retail Sales for the UK rose by 0.6% MoM in August.
• The cable remains capped below 1.30 on mixed UK Retail Sales.

The UK retail sales came in at +0.8% over the month in August vs. +0.7% expected and +3.6% previous. The core retail sales, stripping the auto motor fuel sales, stood at +0.6% MoM vs. +0.4% expected and +2.0% previous.          

more to come ...