GBP/USD slips as strong US Retail Sales revive USD demand

GBP/USD retreats on Tuesday, losing 0.18%, as the US Dollar (USD) recovers following a solid US Retail Sales report. Data in the UK showed the labor market remains solid, while traders digest headlines from the Federal Reserve (Fed) Chair nominee, Kevin Warsh, at the US Senate.

GBP/USD slips as strong US Retail Sales revive USD demand
GBP/USD retreats on Tuesday, losing 0.18%, as the US Dollar (USD) recovers following a solid US Retail Sales report. Data in the UK showed the labor market remains solid, while traders digest headlines from the Federal Reserve (Fed) Chair nominee, Kevin Warsh, at the US Senate.

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