GBP/USD Price Analysis: Pound Dips After Slow Retail Growth

<p>British retailers witnessed their slowest sales growth in 11 months in July. On August 2, the Bank of England (BoE) raised interest rates for the 14th consecutive time. Speculators decreased their bullish positions on the sterling for the second consecutive week. Today’s GBP/USD price analysis is bearish. On Tuesday, the pound experienced a decline. However, … <a href="https://www.forexcrunch.com/gbp-usd-price-analysis-pound-dips-after-slow-retail-growth/">Continued</a></p>
<p>The post <a rel="nofollow" href="https://www.forexcrunch.com/gbp-usd-price-analysis-pound-dips-after-slow-retail-growth/">GBP/USD Price Analysis: Pound Dips After Slow Retail Growth</a> appeared first on <a rel="nofollow" href="https://www.forexcrunch.com">Forex Crunch</a>.</p>