GBP/USD Outlook: Pound Maintains 5-Month Low Following Data
US retail and core retail sales jumped in March. The likelihood of a Fed cut in September has risen to 46%. Data revealed a slight easing in the UK labor market. The GBP/USD outlook suggests downward momentum as the Pound clings near 5-month lows following US and UK data. While the US boasts surprisingly strong... The post GBP/USD Outlook: Pound Maintains 5-Month Low Following Data appeared first on Forex Crunch.
US retail and core retail sales jumped in March. The likelihood of a Fed cut in September has risen to 46%. Data revealed a slight easing in the UK labor market. The GBP/USD outlook suggests downward momentum as the Pound clings near 5-month lows following US and UK data. While the US boasts surprisingly strong...
The post GBP/USD Outlook: Pound Maintains 5-Month Low Following Data appeared first on Forex Crunch.
