FX Guys

Pound to Euro: Rangebound

September 4, 2024 – Written by John Cameron

The Pound Euro (GBP/EUR) remained mostly unchanged on Tuesday after the release of the latest retail sales monitor by the British Retail Consortium.

At the time of writing, the GBP/USD was trading at around $1.3134, virtually unchanged from Tuesday’s opening levels.

Pound (GBP) Supported by Data Release

The Pound (GBP) firmed against the majority of its peers on Tuesday following the release of the British Retail Consortium’s retail sales monitor.

The index, which met market expectations, rose from 0.3%…
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