GBP/USD: British Pound extends its gains in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.83% against the USD and closed at 1.3221. In the Asian session, at GMT0300, the pair is trading at 1.3231, with the GBP trading 0.08% higher against the … Continue reading

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GBP/USD: UK’s consumer price index rose to a 4-month high in July

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.01% against the USD and closed at 1.3112, amid concerns over Brexit and rising inflation. On the data front, UK’s consumer price index rose 1.0% on a yearly … Continue reading

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GBP/USD: British Pound trading a tad lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.08% against the USD and closed at 1.3246. In the Asian session, at GMT0300, the pair is trading at 1.3243, with the GBP trading slightly lower against the … Continue reading

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GBP/USD: British Pound trading higher in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally rose against the USD and closed at 1.3104. In the Asian session, at GMT0300, the pair is trading at 1.3130, with the GBP trading 0.20% higher against the … Continue reading

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GBP/USD: UK’s Rightmove house price index rose in August

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.3088 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3103, with the GBP trading 0.11% higher … Continue reading

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GBP/USD: British Pound trading lower in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.25% against the USD and closed at 1.3069. In the Asian session, at GMT0300, the pair is trading at 1.3054, with the GBP trading 0.11% lower against the … Continue reading

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GBP/USD: UK’s economy contracted in the 2Q 2020

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.16% against the USD and closed at 1.3036, after Britain’s economy entered into recession. On the data front, UK’s gross domestic product plunged 20.4% on a quarterly basis … Continue reading

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GBP/USD: UK’s ILO unemployment rate remained steady in June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.13% against the USD and closed at 1.3057. On the data front, UK’s ILO unemployment rate remained unchanged at 3.9% in the three months ended June. On the … Continue reading

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GBP/USD: UK’s BRC like-for-like retail sales climbed in June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly rose against the USD and closed at 1.3074. In the Asian session, at GMT0300, the pair is trading at 1.3086, with the GBP trading 0.09% higher against the … Continue reading

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GBP/USD: UK house prices increased for the first time in five months in July

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.64% against the USD and closed at 1.3060 on Friday. On the data front, UK’s Halifax house prices rose 1.6% on a monthly basis in the three months … Continue reading

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GBP/USD: BoE keeps key interest rate steady

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.14% against the USD and closed at 1.3144, , after the Bank of England (BoE) forecasted a relatively less pessimistic outlook for the economy. The BoE, in its … Continue reading

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