GBP/USD: Pound trading higher this morning, ahead of Britain’s retail sales data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.63% against the USD and closed at 1.3896. In the Asian session, at GMT0400, the pair is trading at 1.3914, with the GBP trading 0.13% higher against the … Continue reading

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GBP/USD: UK’s pay growth would accelerate and jobless rate set to fall to fresh lows: BoE’s Saunders

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.14% against the USD and closed at 1.3809, after an external MPC member of the Bank of England (BoE), Michael Saunders, stated that interest rates will likely have … Continue reading

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GBP/USD: UK’s consumer price inflation slowed as expected in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly declined against the USD and closed at 1.3790, after UK’s annual inflation eased from a nearly 6-year high level in December. Data revealed that Britain’s consumer price index … Continue reading

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GBP/USD: Pound trading on a weaker footing, ahead of UK’s inflation data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.44% against the USD and closed at 1.3796. In the Asian session, at GMT0400, the pair is trading at 1.3786, with the GBP trading 0.07% lower against the … Continue reading

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GBP/USD: Pound trading a tad higher in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.43% against the USD and closed at 1.3732 on Friday, triggered by reports that Spanish and Dutch Finance Ministers have agreed to work together to push for a … Continue reading

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GBP/USD: UK lenders set to further reduce unsecured credit in the first three months of 2018

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.24% against the USD and closed at 1.3539. According to the Bank of England’s (BoE) credit conditions survey, availability of unsecured credit to households decreased again in the … Continue reading

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GBP/USD: UK’s total trade deficit widened to a 5-month high level in November

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.24% against the USD and closed at 1.3507, after Britain’s total trade deficit unexpectedly widened in November. Data showed that UK’s total trade deficit widened to £2.8 billion … Continue reading

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GBP/USD: Pound trading marginally lower, ahead of key economic releases in the UK

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.22% against the USD and closed at 1.3539. In the Asian session, at GMT0400, the pair is trading at 1.3534, with the GBP trading slightly lower against the … Continue reading

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GBP/USD: Britain’s Halifax house prices surprisingly fell in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP trade flat against the USD and closed at 1.3569. Macroeconomic data showed that UK’s Halifax house price index recorded an unexpected drop of 0.6% on a monthly basis in … Continue reading

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GBP/USD: Pound trading a tad higher this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.11% against the USD and closed at 1.3566 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3568, with the GBP trading marginally higher … Continue reading

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GBP/USD: UK’s services sector growth came in stronger-than-estimated in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.29% against the USD and closed at 1.3551, on the heels of robust UK services sector report. Data revealed that Britain’s Markit services PMI climbed more-than-anticipated to a … Continue reading

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