During Asian trading, the British pound climbed against the US Dollar trading above 1.30000 levels.
The GBP/USD strengthened in the Asian session, despite the fact that recent weaker than expected data has lifted the chances of a Bank of England interest rate cut in December. In the UK, Retail Sales for October (1.5% exp) will be released (07:00 GMT). In the US, S&P Global Manufacturing PMI for November (52.0 exp) and S&P Global Services PMI for November (54.6 exp) will be released (14:45 GMT).*
*The government shutdown has now concluded, but most US Government data will still be delayed. Non government US data will be released as normal.
