The British Pound staged a recovery against the US Dollar on Tuesday, rebounding above the 1.3300 level as currency markets shifted focus to the upcoming UK Retail Sales data release.
GBP/USD traded near 1.3320 during the European session, recovering from an intraday low of 1.3265.
The retail sales data is a closely watched indicator of consumer spending, which accounts for roughly 60% of UK economic activity.
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