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fxJul 24, 2026, 6:28 AM

British Pound Stays Near 1.3300 Despite Upbeat UK Retail Sales Data

The British Pound remains pressed against the US Dollar near 1.3300, hovering around three-week lows and heading for a weekly decline even after stronger-than-expected UK retail sales figures.

GBPUSD

The British Pound (GBP) continues to trade under pressure against the US Dollar (USD) on Friday, holding near the 1.3300 level. This marks a three-week low for the pair, which is on track for a weekly loss of approximately 1%.

Market reaction to upbeat UK Retail Sales data has been muted, with the pound unable to gain traction. The data, released earlier in the session, failed to reverse the bearish sentiment surrounding sterling amid broader dollar strength.

Traders are now focusing on upcoming US economic data and Federal Reserve commentary for further cues on the pair's direction.

Source: FXStreet Forex News