FX MARKET REPORT 21.05.2021

GBP/USD: Bulls attack 1.4200 on strong UK Retail Sales, PMI eyed

• GBP/USD jumps on upbeat UK Retail Sales for April.
• EUR/USD: Extra gains seen above 1.2265 – UOB.
• Dollar heads for weekly loss as taper fears ebb; crypto bounce loses steam.

GBP/USD 1.4191
GBP/EUR 1.1591
EUR/USD 1.2241
GBP/JPY 154.63

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