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Pound Dips on Soft UK Retail Sales

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 21, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The British pound has reversed directions on Thursday, posting slight losses. Early in the North American session, GBP/USD is trading slightly below the 1.32 line. In economic news, British Retail Sales declined by 0.9%, missing expectations. Public Sector Net Borrowing improved to GBP 7.3 billion, beating the estimate. Over in[​IMG]

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