GBP/USD Tumbles Below 1.3400 on UK Retail Failures and Hawkish Fed Signals
GBP/USD slipped below 1.3400 amid disappointing UK retail sales and hawkish Fed remarks. Soft UK consumption data stoked concerns over growth, while Fed signals on interest rate hikes strengthened the dollar. Market focus now shifts to upcoming UK economic indicators and Fed policy updates.
— VT Markets Analysts (Credit: VT Markets Live Updates)
