Back To Top

January 17, 2025

GBP/USD Declines After UK Retail Sales Report

The British pound faced pressure on Friday, particularly after the release of the latest UK retail sales data. At present, GBP/USD trades at 1.2201, reflecting a decrease of 0.27% for the day. Investors are reacting to economic signals contributing to this decline. As retailers struggle, the overall economic outlook remains uncertain. Market analysts are closely monitoring any further developments that could impact the British pound. Traders should stay alert to shifts in sentiment surrounding economic health.

Prev Post

Silver Prices Gain Momentum Amid Rate Cut Speculation

Next Post

EUR/USD Stays Flat as Major Indices Soar

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment