FXstreet.com (Barcelona) - The Pound remains capped below 1.6700 as the pair failed to react positively despite retail sales posting the largest year on year advance in the last 17 months in September.

UK retail sales have increased 0.4% in October, and they have gone 3.4% up since the same month last year, the largest advance in the last 17 months.

The Pound has reached 1.6700 level, on the back of UK data, after bottoming at week-low 1.6645, on its retreat from 1.6875 resistance area hit on Monday and Tuesday.

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