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Published at: Jan 19, 2024

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OANDA Senior Market Analyst Craig Erlam gives his analysis of GBP/USD in light of the UK inflation and US retail sales releases.

</p> <p><em><a href="https://www.marketpulse.com/forex/gbp/gbp-usd-volatile-after-uk-inflation-and-us-retail-sales-data/cerlam" target="_blank" rel="noopener nofollow">Original Post</a></em></p> <div class="clear"/> </div> </div> </div> </article> <br> <hr> <div class="bs-vc-wrapper wpb_wrapper"> <div class="widget widget_tag_cloud"> <div class="tagcloud"> </div> </div> </div> </div> <section> </div> <div class="col-md-3"> <div class="bs-vc-wrapper wpb_wrapper"> <div class="widget widget_tag_cloud"> <div class="bs-shortcode bs-heading-shortcode"> <h3 class="section-heading sh-t4 sh-s4"> <span class="h-text">Tags</span> </h3> </div> <div class="tagcloud"> </div> </div> </div> <style> .bs-vc-wrapper:after, .bs-vc-wrapper:before { content: " "; display: table; } .widget{ margin-bottom: 25px; } .bs-shortcode.bs-heading-shortcode { margin-bottom: 21px; } .section-heading { margin-bottom: 23px; font-weight: bold; } .section-heading { margin: 0 0 15px; font-size: 16px; line-height: 20px; position: relative; 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height: auto;" > </div> <div class="widget col-12"> <div class="textwidget"> <p class="text-secondary">LEGAL: This website is operated by Promax Trading Limited Registration No: LL18424 | NFA: 0563058 <br> Registered Address: Lot No. 20, Level 1, Lazenda Commercial Center Phase 3, Jalan OKK Abdullah, 87000 Federal Territory of Labuan, Malaysia <br> Operational Address: Office No 648, 6th Floor, Business Village, Block A Dubai, UAE Contact : +971-428-51729</p> <p><b>Risk Warning:</b> <span class="text-secondary">Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you may sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. </span></p> <p><b>Regional Restrictions:</b> <span class="text-secondary"> We do not offer our services to residents of certain jurisdictions such as Canada, China, Federal Territory Labuan Malaysia, Romania, Singapore, the United States and to jurisdictions on the FATF and EU/UN sanctions list. </span></p> </div> </div> <div class="widget col-md-6 EN-W social d-lg-flex d-none"> <div class="social-flex"> <style> .social-flex a.facebook:hover { color: #4267b2 !important } </style><a rel="nofollow" class="facebook" href="https://www.facebook.com/promax.trading.official" target="_blank"><i class="fa fa-facebook-official" aria-hidden="true"></i></a> <style> .social-flex a.twitter:hover { color: #29a8e0 !important } </style><a rel="nofollow" class="twitter" href="https://twitter.com/PromaxTrading1" target="_blank"><i class="fa fa-twitter" aria-hidden="true"></i></a> <style> .social-flex a.linkedin:hover { color: #017bb5 !important } </style><a rel="nofollow" class="linkedin" href="https://www.linkedin.com/company/promax-trading-llc/" target="_blank"><i class="fa fa-linkedin" aria-hidden="true"></i></a> <style> .social-flex a.youtube:hover { color: #ca2128 !important } </style><a rel="nofollow" class="youtube" href="https://www.youtube.com/@promaxtrading/" target="_blank"><i class="fa fa-youtube" aria-hidden="true"></i></a> <style> .social-flex a.instagram:hover { color: #33639a !important } </style><a rel="nofollow" class="instagram" href="https://www.instagram.com/promax.trading/" target="_blank"><i class="fa fa-instagram" aria-hidden="true"></i></a> </div> </div> <div class="widget footer-row-2 cstm-img-footer col-lg-6 d-none d-lg-flex EN-W px-lg-0"> <span class="widget-title">Our Partners: </span><img width="410" height="48" src="https://promaxtrading.com/assets/img/Group-93.svg" class="image wp-image-34908 attachment-full size-full" alt="" loading="lazy" style="max-width: 100%; height: auto;"> </div> </div> <div class="row" id="footer-row-3"> <div class="widget col-md-4 copy-right d-lg-block d-none"> <div class="textwidget"> <p style="margin-bottom: 0px;">© 2024. 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GBP/USD – Volatile After UK Inflation and US Retail Sales Data