FXstreet.com (Barcelona) - The Pound remains trading right below session high at 1.6440 minutes after the Consortium of British Industry released the largest advance in retail sales in more than two years.

UK CBI retail sales Index has advanced to a balance of +8 in October from a balance of +3 in September, the largest advance since June 2007, beating expectations of a +5 reading.

The Pound, however, has been unable to break above session high at 1.6440, and the pair, has eased to levels around 1.6415 at the moment of writing.