January 17, 2025 – Written by Ben Hughes
STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Softens following UK and US Data Releases
The Pound Sterling weakened against US Dollar on Thursday following the release of both the UK’s latest GDP data and the US’s latest retail sales.
At the time of writing, the GBP/USD exchange rate was trading at approximately $1.2194, down roughly 0.4% from the start of Thursday’s session.
On Thursday, the Pound (GBP) struggled against several of its key trading…
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