The UK Retail Sales came in at 0.6% MoM in October, a big beat.

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• The UK Retail Sales came in at 0.6% MoM in October, a big beat.
• Core Retail Sales for the UK rose by 0.3% MoM in October.
• The cable keeps its range at around 1.1900 on the mixed UK data.

The UK retail sales arrived at 0.6% over the month in October vs. 0% expected and -1.5% previous. The core retail sales, stripping the auto motor fuel sales, rose 0.3% MoM vs. 0.6% expected and -1.5% previous.

On an annualized basis, the UK retail sales plunged 6.1% in October versus -6.5% expected and -6.8% prior while the core retail sales tumbled 6.7% in the reported month versus -6.7% expectations and -6.1% previous.

GBP/USD is unfazed by the mixed UK Retail Sales data. The spot was last seen trading at 1.1901, up 0.36% on the day.

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