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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.46% against the USD and closed at 1.4017 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.4022, with the GBP trading slightly higher … Continue reading

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GBP/USD: UK’s retail sales sharply declined in March

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.88% against the USD and closed at 1.4082, after the Bank of England’s (BoE) Governor, Mark Carney, casted doubt over the possibility of another interest rate hike next … Continue reading

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GBP/USD: UK’s annual inflation grew at its weakest pace in a year in March

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.61% against the USD and closed at 1.4207, after the latest data indicated that British annual inflation growth eased to a one-year low level in March. Data indicated … Continue reading

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GBP/USD: Britain’s jobless rate surprisingly fell to its lowest since 1975 in the three months to February 2018

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.4294, following weaker-than-expected wage growth figures in the UK. Data indicated that Britain’s average earnings including bonus climbed 2.8% on a … Continue reading

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GBP/USD: Pound trading a tad higher, ahead of UK’s ILO unemployment rate data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.60% against the USD and closed at 1.4338, ahead of UK’s post-Brexit trade negotiations with the EU starting this week. In the Asian session, at GMT0300, the pair … Continue reading

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GBP/USD: Britain’s Rightmove house prices advanced in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.11% against the USD and closed at 1.4246 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.4260, with the GBP trading 0.1% higher … Continue reading

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GBP/USD: Availability of unsecured lending to consumers dropped to a record low during the first quarter of 2018: BoE survey

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.36% against the USD and closed at 1.4231. As per the Bank of England’s (BoE) Credit Conditions survey, the availability of unsecured credit to households dropped “significantly” in … Continue reading

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GBP/USD: UK’s manufacturing production posted first decline since March 2017 in February

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.4180. On the economic front, data showed that manufacturing production in the UK registered an unexpected drop of 0.2% MoM in … Continue reading

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GBP/USD: Pound trading on a positive footing this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.4169, after the Bank of England’s (BoE) policymaker, Ian McCafferty stated that the central bank should not prolong next interest rate … Continue reading

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GBP/USD: UK house prices post largest monthly gain since last August in March

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.26% against the USD and closed at 1.4131, after British house prices data came in better-than-expected in March. Data indicated that UK’s Halifax house price index climbed 1.5% … 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 0.62% against the USD and closed at 1.4090 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.4095, with the GBP trading slightly higher … Continue reading

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