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January 17, 2025

GBP/USD Declines After Weak UK Retail Sales: Analyzing the Market

The British Pound (GBP) is trending lower as recent data shows disappointing retail sales. Currently, GBP/USD is positioned at 1.2201, reflecting a decline of 0.27%. This downward shift highlights ongoing market weakness. Analysts on Entreprenerdly.com are monitoring these trends closely to provide insights into potential recovery signals from the Pound amid challenging retail conditions.

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