GBP/USD falls as US inflation data and retail sales reinforce a less dovish Fed outlook.
Industrial Production in the US shows signs of recovery, contributing to the US Dollar’s resilience.
UK labor market report influences BoE rate cut speculations, with attention on June's monetary policy.
Market anticipation builds for next week’s Fed and BoE meetings, with inflation data set to impact GBP/USD.
The Pound Sterling is set to finish the week with losses, yet extended its downtrend for two straight days after piercing the 1.2800 figure. The GBP/USD exchanges hands at 1.2731, post losses of 0.16%.
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