Pound Sterling: UK Data Damages GBP/USD Rally Attempt from 10-Week Lows – Currency News
The Pound Sterling faced setbacks as UK data hindered its attempt to rally against the US Dollar from 10-week lows. The GBP/USD pair struggled to make gains after the release of unfavorable data from the UK. The currency pair was unable to recover from its recent lows despite efforts to bounce back. The GBP/USD rally was derailed by the disappointing data, causing the Pound Sterling to lose ground against the US Dollar.