GBP/USD exceeds 1.3500 to the highest level in strong retail sales in the United Kingdom, and the weak US dollar
The British pound (GBP) is sharply against the US dollar (USD) to its highest level in three years on Friday. The pair has been widely traded on the front foot over the past five days, with GBP/USD cut over 1.3500 for trading around 1.3538, increasing approximately 0.80 % at the time of writing this report during the American session. The increase in instant prices is mainly due to a large -scale US dollar and the strongest retailer in the UK (UK). Read more …
The pound is advanced with retail sales data estimates in the United Kingdom
The British pound (GBP) is outperforming its peers, with the exception of antibodies, in European trading hours on Friday after the issuance of strong retail sales data from the United Kingdom (UK) in April. Read more …
GBP/USD counterators above 1.3450 are about 39 months old, retail sales in the United Kingdom
GBP/USD gains about a quarter of a percent in Asian watches on Friday, and about 1,3450 traded at the time of writing this report. The couple holds higher as the sterling (GBP) attracts buyers after the consumer confidence index is issued better than the United Kingdom (UK). Merchants are awaiting retail sales in the UK, to be released later in the day, expecting a monthly decrease for the third consecutive period in April. Read more …
