UK retail sales March mm -1.3% vs -0.1% exp

UK March report now out

• -0.5% prev revised down from -0.4%
• yy +2.7% vs +4.4% exp vs +3.6% prev rev down from +3.8%
• core (ex autos,fuel) mm -1.6% vs -0.3% exp vs -0.3% prev rev down from -0.2%
• yy +1.8% vs +3.8% exp vs +3.7% prev rev down from +4.1%

Notable falls again in food and household goods.

Awful data sends GBP lower. GBPUSD 1.4308. Support/bids nearby at 1.4300

EURGBP 0.7890 after failing at 0.7900