GBP/USD Trading Higher, BRC Retail Sales Growth Eases

GBP/USD is trading at 1.2757, up 0.0031. The pair is trading choppy and a little under the session highs. The British Retail Consortium (BRC) reported that U.K. like-for-like retail sales values eased to a rise of 0.6 percent in November versus a rise 1.7 percent in October. The BRC survey showed total sales rose 1.3 percent year over year versus a rise of 2.4 in October.