GBP/USD Soars Past 1.36 on Strong UK Data
GBP/USD has surged from the mid-1.34 range to trade between 1.3540–1.3600, reaching a four-month high and confirming a distinct macro shift in favor of Sterling. The catalyst is not emotion but concrete information. In December, UK Retail Sales experienced a 0.4% month-over-month increase, surpassing expectations of a -0.1% decline. Additionally, annual growth improved from 1.8% … Read more