British Pound Edges Higher Ahead of UK Retail Sales Data

Hyperdash NewsFX

The British Pound is trading near 1.3650 against the US Dollar, showing a slight increase. This movement comes as traders anticipate the release of key UK Retail Sales data, which could influence

GBP/USD's short-term trajectory.

The UK has seen mixed retail sales data recently. December saw a 0.4% rise in retail sales, exceeding expectations for a 0.1% decline, while March volumes increased by 0.7% due to a surge in fuel purchases. Since this news broke,

GBP/USD is up +0.04% on Hyperdash.

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