UK Retail Sales rise 0.7% MoM in June vs. 0.2% expected

• The UK Retail Sales came in at 0.7% MoM in June, beating estimates.
• Core Retail Sales for the UK jumped 0.8% MoM in June.
• GBP/USD regains 1.2900 on upbeat UK retail trade data.

On a monthly basis, the UK  rose 0.7% over the month in June vs. 0.2% expected and 0.1% prior, according to the latest data published by the Office for National Statistics (ONS) on Friday.

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