GBP/USD Faces Pressure Near 1.3300 As UK Retail Sales Data Looms
The GBP/USD currency pair is attracting selling interest, hovering around the 1.3310 mark during the initial hours of the Asian session on Friday. This decline stems from renewed demand for the US Dollar (USD), which has put pressure on the British Pound. Today’s notable event focuses on the UK Retail Sales data, set to be released later in the day, which is likely to impact market sentiment and exchange rates.