Pound Sterling Price News and Forecast: GBP/USD pushing against six-month highs in the 1.3660

British Pound holds gains against a weak US Dollar despite downbeat UK Retail SalesThe British Pound (GBP) trades firm against the US Dollar (USD) on Friday, with the GBP/USD pair pushing against six-month highs in the 1.3660 area at the time of writing, on track for a 0.8% weekly rally. UK Retail Sales confirmed that consumption fell in July, but…

Euro Today: Europe’s Factories Just Delivered Their Strongest Signal In Years

Eurozone manufacturing accelerated sharply in August as German factories rebounded, helping the EUR/USD exchange rate hold above 1.17 despite weakness in services. Eurozone factory activity strengthened sharply in August, with the manufacturing PMI rising to 52.8 from 51.9 and reaching its highest level in 54 months. The result comfortably exceeded the 51.8 consensus and was accompanied by faster growth in…

Sterling Rally Extends as Rate Hike Bets and Weak Dollar Boost GBP

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