Pound Moves Higher on Dismal US Retail Sales and Wholesale Prices

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 12, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The British pound has posted gains in Friday's North American session. GBP/USD has pushed above the 1.30 line and is currently trading at 1.3010. On the release front, British Construction Output declined 0.9%, missing expectations. It's been a miserable day for US indicators, as retail sales and PPI reports all[​IMG]

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