The pound has stabilized after better sales data

The pound continued its appreciation against the euro after better-than-expected retail sales in the UK in July.
The British pound cut off its five-day drop against the single currency after it became clear that retail sales rose by 0.3% on a monthly basis, against an expected 0.2% growth.
The results become a reality day after it became clear that Britain's unemployment rate has fallen to its lowest level since 1975, and salaries has seen higher than expected growth.
The euro fell by 0.2% against the pound to 0.9109 after adding 0.9% over the previous five days to Wednesday.
Meanwhile, the pound has stabilized against the dollar as well, trading at 1.2890 levels after having previously reached the lowest values of 1.2842 or levels unseen since July 12.