UK CBI retail sales balance has come in at -15 in July, better than the -17 in June, but worse than the median forecast of -12.
Elsewhere, the Land Registry reports house prices in England and Wales fell 14% on the year in June. The average house price stands at £153,046.
Cable has slipped very slightly on the retail sales news, presently at 1.6315. Technical support now at 1.6495/00.
