Pound to Dollar Price News, Forecast: GBP Eyes $1.35 as Fed Bets Fade

Pound-Dollar could move back above $1.35 if weaker US retail sales and consumer sentiment further reduce expectations for another Federal Reserve rate hike. The Pound to US Dollar (GBP/USD) exchange rate traded in a narrow range on Thursday as UK GDP, softer US producer prices and shifting risk appetite failed to generate a decisive.