Pound Sterling jumped after the UK reported a broad-based inflation rise in October.
The British Pound has retreated on the day the UK reported a sharp slowdown in growth.
Pound Sterling Sees Divergent Fortunes Against Euro and Dollar as 'Trump Trade' Extends
- Category: GBP
The Pound plugged fresh multi-week lows against the Dollar on Thursday while it firmed against the key €1.20 level against the Euro.
Pound Sterling rose as an initial reaction to indications that the Bank of England will maintain a cautious approach to cutting interest rates.