The GBP/USD currency pair has slipped below the 1.3400 level, trading around 1.3370 on Friday, following disappointing Retail Sales data from the UK. The figures fell short of expectations, contributing to the downward pressure on the exchange rate.
Additionally, cautious remarks from Federal Reserve officials have capped any potential upside for the pair. As traders assess the implications of the UK economic data and Fed sentiment, the market remains in a range-bound state, reflecting ongoing uncertainty in both the GBP and USD.
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Data Source: FX Killer Analysis Team Updated: 2025-12-19 16:26
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.