GBP/USD falls 0.48% to 1.2376, influenced by rising geopolitical risks and statements from major central banks.
Bank of England's Deputy Governor comments on inflation risks fail to support Sterling as it hits new lows.
Mixed economic data from the UK with stagnant retail sales in March, contrasting with modest annual growth.
The Pound Sterling tumbles against the US Dollar during the mid-North American session after a volatile trading day due to an escalation of the Israel-Iran conflict. Major central bank speakers led by the Bank of England (BoE) and the Federal Reserve (Fed), continued to set the tone for the financial markets. The GBP/USD trades at 1.2376, down 0.48%.
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