The GBP/USD pair struggles to find acceptance or build on its gains beyond the 1.3700 mark for the second consecutive day and edges lower during the early part of the European session on Tuesday.
GBP/USD surges during the North American session over 0.31% on stronger than expected Retail Sales and PMI data, even though the Greenback trimmed losses on an upbeat Consumer Sentiment report. The pair trades at 1.3542 after bouncing off daily lows of 1.3482.
The Pound Sterling (GBP) attracts bids against its major currency peers as the United Kingdom (UK) Retail Sales figures have grown in December, after contracting in the last two months.