During European trading, the British Pound fell down against the US Dollar, trading below 1.3000 levels.
The GBP/USD traded lower in the European session, as high uncertainty over the FED’s interest rate decision in December is creating positive pressure for the US dollar. In the UK, Retail Sales for October came out worse than expected (1.2% realised vs 2.5% expected). 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.
