Pound Sterling Price News and Forecast: GBP/USD outperforms Euro despite weak UK Retail Sales data

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British Pound outperforms Euro despite weak UK Retail Sales data

EUR/GBP trades on the back foot on Friday and is set to end the week in negative territory, as the British Pound (GBP) outperforms most major peers despite weaker-than-expected UK Retail Sales data, while upbeat German economic data fails to provide meaningful support to the Euro (EUR). At the time of writing, the cross is trading near more than one-week lows around 0.8635. Read More...

British Pound trades higher despite United Kingdom fiscal worries escalate

The British Pound (GBP) is up against its major currency peers, but is marginally down to near 1.3420 against the US Dollar (USD) during the European trading session on Friday. The British currency rises even as concerns over United Kingdom (UK) public finances have escalated. Read More...

British Pound sits near two-week high vs weak JPY; bulls shrug off weak UK Retail Sales

The GBP/JPY cross attracts some dip-buyers on Friday and sticks to modest intraday gains through the first half of the European session. Spot prices currently trade just above mid-213.00s, close to a nearly two-week high set on Thursday, and seem poised to register strong weekly gains amid a broadly weaker Japanese Yen (JPY). Read More...

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FXStreet Team

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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

GBP/USD gains as easing Fed hike bets weigh on US Dollar

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Bitcoin edges above $64K as easing sell pressure, improving ETF flows support recovery

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Kevin Warsh offers no policy clues: Why markets still got their answer

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