FXstreet.com (Barcelona) - The Sterling has fallen against the Dollar after the better than expected retail sales data for November in United Stated. GBP/USD has declined from 1.6310 to trade close to 1.6265 in the minutes following the data release.

Currently the pair is trading around 1.6285/95, 0.05% above today's opening price action at 1.6275.

Retail sales have increased at a 1.3% pace in November, beating expert's forecasts of a 0.6% advance, while, excluding automobiles, retail sales have advanced 1.2% on the month.

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