The British pound remains 0.4% lower near 1.3600 following a 50-pip drop after US economic releases.
The British pound traded just below 1.3600 late Wednesday, down 0.4% and 55 pips from its session high of 1.3650. The move followed a 50-pip decline in the two hours after US data was released at 12:30 GMT, which appeared to pressure the currency pair.
Earlier in the session, GBP/USD drifted through the European morning before reacting to the American economic figures. The pair’s inability to sustain gains above 1.3600 suggests lingering sensitivity to US economic indicators, which have recently influenced global currency markets.
No immediate market reaction was specified beyond the price movement, but the shift highlights the pound’s responsiveness to cross-Atlantic data flows.