The Great Britain pound climbed today after the report showed that the retail sales in the UK advanced three times more than was forecast.
Britain’s retail sales jumped 1.9 percent in January, compared to the predicted value of 0.6 percent. In December the sales declined 1.4 percent. The surge of the retail sales intensified the talks about the increase of the interest rates by the Bank of England.
GBP/USD advanced from 1.6171 to 1.6231 today as of 16:50 GMT, while GBP/JPY rose from 134.71 to 135.09.
If you have any questions, comments or opinions regarding the Great Britain Pound,
feel free to post them using the commentary form below.
