Mumbai, April 28 -- British Pound slipped today as the US dollar index edged up and crude oil edged up amid elevated geopolitical tensions. GBP/USD topped out around one and half week high in last session as UK retailers reported a sharp decline in sales in April and forecast further weakness. Survey data from the Confederation of British Industry showed that net 68% of retailers said sales volumes declined in April compared to last month's balance of 52%. GBP/USD pair currently trades at 1.3488, down 0.33% on the day. On NSE, GBP/INR futures are trading at 128.12, up marginally on the day after hitting above Rs 128.20 mark in morning trades.

Published by HT Digital Content Services with permission from Capital Market....