GBP/USD stumbles on soft UK data, bears target 1.2600

The Pound Sterling extends its agony and printing losses for the sixth straight day against the Greenback. Soft UK GDP coupled with robust US Retail Sales figures boosted the US Dollar and weighed on GBP/USD, which trades at 1.2636, down 0.22%. Read More…

GBP/USD edges lower on Friday, falling to the 1.2660s as markets digest the latest data release, US Retail Sales in October, and its positive implications for the US Dollar (USD). Read More…

GBP/USD breaks its five-day losing streak, trading around 1.2680 during the early European session on Friday. The pair remains steady after the release of mixed Gross Domestic Product (GDP) and Industrial data from the United Kingdom (UK). Read More…