GBPUSD – Headline U.K. retail sales in January more than doubled expectations of 0.3% printing 0.8%, pulling the year over year figure up to 5.6%. This was the largest gain in 11 months as consumers increased spending in food, electronics and home goods. This will assuredly give the BoE breathing room to take a measured approach to cutting rates going forward. Will the BOE cut again in March? Discuss the topic and your trade ideas in the forum.