GBP/USD Rises Despite Weak UK Retail Sales Data
- GBP/USD pushing higher on Friday, tapping into 1.2170 as US Dollar eases back
- UK Retail Sales miss forecasts, printing -0.9% MoM in September
- GBP/USD remains in bear territory despite Friday's recovery
- Technical support at October's low of 1.2037, break opens run to 1.1900 handle
- GBP/USD faces resistance from descending 50-day and 200-day SMAs
