FXstreet.com (Barcelona) - After five minutes of the release of the better than expected retails sales, the Euro and the Pound has risen sharply around 35 pips each one.

The EUR/USD has risen around 30 pips form the 1.2815 to the 1.2845, reaching a place above the 1.2820 level. Currently the pair is around the 1.2825/35.

The Cable rose around 40 pips in the first five minutes after the USD data, The GBP/USD has risen from the 1.3795 to the 1.3840, breaking the 1.3815/25 congested level. Currently, the pair is trading around the 1.3810/20.