GBP/USD: Sterling trading lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded flat against the USD and closed at 1.3172. In the economic news, UK’s CBI industrial trends total orders jumped to a level of 13.0 in June, exceeding market … Continue reading

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GBP/USD: Sterling extends its losses in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.56% against the USD and closed at 1.3172. In the Asian session, at GMT0300, the pair is trading at 1.3163, with the GBP trading 0.07% lower against the … Continue reading

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GBP/USD: Sterling trading higher in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.20% against the USD and closed at 1.3246. In the Asian session, at GMT0300, the pair is trading at 1.3267, with the GBP trading 0.16% higher against the … Continue reading

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GBP/USD: Sterling trading lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.17% against the USD and closed at 1.3280 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3269, with the GBP trading 0.08% lower … Continue reading

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GBP/USD: Britain’s retail sales tops market expectations in May

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.83% against the USD and closed at 1.3270. Macroeconomic data indicated that UK’s retail sales climbed more than estimated by 1.3% on a monthly basis in May, as … Continue reading

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GBP/USD: Britain’s annual inflation growth remains unchanged in May

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.07% against the USD and closed at 1.3381. Macroeconomic news released showed that UK’s consumer price index (CPI) rose 2.4% on an annual basis in May, meeting market … Continue reading

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GBP/USD: UK’s ILO unemployment remained steady in the three months to April, wage growth slows in the same period

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.06% against the USD and closed at 1.3371. On the macro front, Britain’s ILO unemployment rate remained unchanged at a rate of 4.2% in the February-April 2018 period, … Continue reading

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GBP/USD: Britain’s factory output unexpectedly fell in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.3379, amid a slew of disappointing economic releases in the UK. In the economic news, UK’s manufacturing production unexpectedly declined by … Continue reading

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GBP/USD: Sterling trading higher in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.14% against the USD and closed at 1.3404 on Friday, amid ongoing Brexit negotiations. In the Asian session, at GMT0300, the pair is trading at 1.3411, with the … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose slightly higher against the USD and closed at 1.3420. On the data front, UK’s Halifax house price index rebounded 1.5% on monthly basis in May, beating market expectations … Continue reading

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GBP/USD: Sterling extends its gains in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.07% against the USD and closed at 1.3410. In the Asian session, at GMT0300, the pair is trading at 1.3426, with the GBP trading 0.12% higher against the … Continue reading

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