United Kingdom Retail Sales ex-Fuel (YoY) came in at 4.2%, below expectations (5%) in June

United Kingdom Retail Sales ex-Fuel (YoY) came in at 4.2%, below expectations (5%) in June
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EUR/GBP shoots beyond 0.7050 on dismal UK data

The British pound surrendered all its gains against the single currency in the European morning, boosting EUR/GBP to fresh session highs, as disappointing retail sales data from the UK dragged sterling lower across the board.
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