British Pound futures rallied to two-month highs on weak U.S. data.

British Pound futures extended gains for a fifth consecutive session, trading near a two-month high around 1.342. Soft U.S. labor and retail sales data weighed on the dollar and treasury yields, providing support for the pound. While the euro remained flat, the pound joined the Japanese yen and Canadian dollar in capitalizing on the shift in U.S. interest rate expectations.