GBP/USD Trading Lower, Retail Sales Edge Up

GBP/USD is trading at 1.2143, down 0.0025. The pair is trading in the middle of the session range. Market talk about comments from U.K. policy makers has kept buyers and sellers active. The British Retail Consortium (BRC) reported that December U.K. like-for-like retail sales rose 1.0 percent year over year versus a rise of 0.6 percent during November. Year over year total sales rose 1.7 percent from 1.3 percent in November.