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Home / Forex Analysis / GBP/USD Price Breaks 1.3580 Support amid Dismal UK Retail Sales

GBP/USD Price Breaks 1.3580 Support amid Dismal UK Retail Sales

Posted by: Forex Crunch in Forex Analysis January 21, 2022

As political unrest in the UK continued, GBP/USD declined on Friday. Retail sales data showed little sign of improvement in the UK. The weak demand for the US dollar deterred bearish traders from making new bets and helped contain losses. After the UK macro data was released, the GBP/USD price remained on the defensive and … Continued
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