UK Retail Sales - Much Higher good spike higher into resistance

This morning of February 17th at 9:30 GMT (4:30 EST) the monthly Retail Sales figures were released from the UK. They were much higher than expected by a good amount and there was a nice rally.

Here is the data:


UK Retail Sales Ex Auto Fuel(MoM)
Estimates- Median: -0.3% Average: -0.4% Range: -0.9% to 0.0%
Actual: +1.2% Prior: +0.6% No Revision

UK Retail Sales Ex Auto Fuel(YoY)
Estimates- Median: -0.1% Average: 0.0% Range: -0.6% to +0.6%
Actual: +1.9% Prior: +1.7% Revised: +1.4%

UK Retail Sales w/Auto Fuel(MoM)
Estimates- Median: -0.3% Average: -0.3% Range: -0.9% to +1.1%
Actual: +0.9% Prior: +0.6% No Revision

UK Retail Sales w/Auto Fuel(YoY)
Estimates- Median: +0.5% Average: +0.5% Range: 0.0% to +1.9%
Actual: +2.0% Prior: +2.6% Revised: +2.5%