Sterling Sees Moderate Decline After Weak Retail Sales, Losses Contained

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2018/06/f-gbp51.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2018/06/f-gbp51.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/06/f-gbp51-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Sterling fell broadly today following weaker-than-expected retail sales data. Despite this, the British currency’s losses have been somewhat contained, indicating a degree of resilience. Concurrently, Japanese Yen and Australian Dollar are showing attempts to recover, but these efforts lack significant follow-through momentum. The day’s activities seem more reflective of temporary consolidations rather than indicative of […]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/536044-sterling-sees-moderate-decline-after-weak-retail-sales-losses-contained/">Sterling Sees Moderate Decline After Weak Retail Sales, Losses Contained</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>