Published at 08:39 (GMT) 16 Aug
It is the large positive revision in the UK retail sales number which is the key focus in the numbers, though the headline month-on-month change is also positive so it is no surprise to see GBP on the up. Cable is looking to test 1.5700 again, though is still being capped by some heavy selling from a UK clearer up at these levels. In the EUR cross rate however, we have managed to extend through the .7830 low from yesterday, with .7800 the next level to watch out for. Through here, it is all eyes on the longer term .7755 base.