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UK CBI retail sales balance +13 in November

By   || November 26, 2009 at 11:26 GMT
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UK CBI retail sales balance +13 in November, up from +8 in October, in line with median forecast of +13, and highest read since November 2007.

GBP/USD sits at 1.6565 little changed post release.

Talk of sell orders at 1.6580 and again up at 1.6595/00. May slow, if not necessarily cap, recovery.

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