GBP/USD Price Analysis: Hits 6-Month Low as UK Sales Slump
November 22, 2024 at 08:09 AM EST
UK retail sales fell by 0.7% in October, compared to estimates of a 0.3% drop. The UK economy only expanded by 0.1% in the third quarter. US initial jobless claims unexpectedly fell last week from 219,000 to 213,000.
