Forex

GBP Gains on Upbeat UK Retail Sales Data

Guavy AI Editorial Team Published September 19, 2026

Instruments

USD GBP

The British Pound (GBP) gained against the US Dollar (USD) on Friday after upbeat UK Retail Sales data. The GBP/USD pair rose to near 1.3372, with the British currency up 0.1%.

The Office for National Statistics reported a 0.5% Month-on-Month increase in Retail Sales in August, beating expectations of a 0.2% decline.

Despite this positive reaction, the GBP underperformed compared to other data releases and the Bank of England's (BoE) policy meeting.

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