GBP/USD breaks below 1.3300 ahead of UK Retail Sales data

  • GBP/USD is retracing its recent gains, hovering around 1.3290 during Friday's Asian session. The Pound Sterling (GBP) faces challenges as GfK Consumer Confidence in the United Kingdom (UK), slipped to -23 in April—its lowest level since November 2023—amid rising living costs and growing global trade concerns, missing forecasts of -22.