FXstreet.com (Barcelona) - The Pound has tumbled further after retail sales in UK showed weaker then expected results on February's retail sales; after rejection at 1.4620/35 resistance level, the Pound has dropped below 1.4575 after retail sales were released, approaching levels close to 1.4515 (Mar 24 low).

GBP/JPY rally has also cone to an end. Capped at 143.55, the Pound has dropped about 80 pips immediate after retail sales figures were released, breaking below 143.25 support level to reach 142.60 minimum level.