Pound gains value as retail sales figures loom

Note: This section contains information in English only.
Source: WBP Online
The Sterling became more expensive against the US Dollar, stemming from reduced Brexit risks and anticipation of the data release on UK retail sales. While the GBP/USD pair hovered around the $1.46 mark, it is anticipated that the month-on-month change in retail sales will put an end to the negative trend started the month before and improve by 0.7%.

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