UK Retail Sales arrive at -0.3% MoM in Feb vs. +0.2% expected, GBP/USD unmoved

• The UK Retail Sales came in at -0.3% MoM in February.
• Core Retail Sales for the UK dropped 0.5% MoM in February.
• Cable remains unfazed by the downbeat UK Retail Sales data.

The UK retail sales came in at -0.3% over the month in February  vs. +0.2% expected and +0.9% previous. The core retail sales, stripping the auto motor fuel sales, stood at -0.5% MoM vs. -0.2% expected and +1.6% previous.          

more to come