GBP/USD Trading Higher, Retail Sales Values Slip

GBP/USD is trading at 1.3337, up 0.0048. The pair is trading just under the session highs. The British Retail Consortium (BRC) reported that U.K. August like-for-like retail sales values were down 0.9 percent year over year. The survey showed total sales fell 0.3 percent year over year.