Retail sales in the UK unexpectedly fell in December. Data on Thursday showed a smaller-than-expected increase in retail sales. All focus is on Trump’s inauguration next week. The GBP/USD price analysis shows that the UK’s economic weakness has put the pound in a vulnerable position against the dollar. At the same time, market participants are…
The post GBP/USD Price Analysis: Risk to Revisit 1.21 Amid Weak Economy appeared first on Forex Crunch.
Read Full Story
- USD/CAD Outlook: Loonie Relieved as BoC Hits Pause - April 17, 2025
- AUD/USD Forecast: Markets Eye RBA Cut Despite Solid Jobs Data - April 17, 2025
- GBP/USD Forecast: UK Inflation Miss Fails to Deter Sterling Rally - April 16, 2025