Corpay releases forecasts for the GBP/USD and GBP/EUR exchange rates.
The British Pound hit its lowest level against the Dollar since May after UK retail sales added to the losses that followed Thursday's Bank of England decision.
The British Pound dipped after three members of the Monetary Policy Committee (MPC) voted to cut interest rates.
Pound Sterling Upside Still Favoured After UK Inflation Heads in the "Wrong Direction"
- Category: GBP
The British Pound initially retreated in the wake of news UK inflation was as expected in November, but recent trends won't be challenged.