- GBP/USD halts downside turnaround, finds another green day.
- UK GDP and industrial activity meet or beat expectations, US Retail Sales surge.
- UK Retail Sales and US Consumer Sentiment on the docket for Friday.
GBP/USD found the gas pedal on Thursday after a steeper-than-expected recovery in US Retail Sales pushed Cable back into the high end. Market sentiment rebounded on the day after fears of a possible US recession were cooled by US data beating expectations, and the Pound Sterling caught additional bullish momentum from UK Gross Domestic Product (GDP) growth meet expectations and UK Manufacturing Production handily exceeding forecasts in July.
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