The GBP/USD currency pair remained largely unchanged around the 1.3380 mark on Friday during the North American trading session. After reaching a daily peak of 1.3413, the British Pound's upward momentum was stifled by robust economic data from the United States, which bolstered the US Dollar's standing in the forex market.
The strong US data released earlier this week has reinforced the Dollar's strength, limiting the potential for further gains in Sterling. As traders weigh the implications of these economic indicators, the exchange rate between GBP and USD reflects a cautious sentiment, highlighting the ongoing volatility in foreign exchange trading.
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Data Source: FX Killer Analysis Team Updated: 2026-01-16 16:56
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.