GBP/USD: UK’s retail sales declined more-than-forecast in September

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.61% against the USD and closed at 1.3020, after UK’s retail sales retreated 0.8% on a monthly basis in September, higher than market anticipation for a fall of … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: UK’s consumer price inflation slowed in September

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.67% against the USD and closed at 1.3100. On the macro front, UK’s consumer price index (CPI) rose 2.4% on an annual basis in September, falling short of … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: UK’s wage growth hits a 10-year high in August

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.24% against the USD and closed at 1.3188, after data showed that Britain’s wage growth hit a 10-year high in August. The average earnings including bonus advanced 2.7% … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: Sterling trading on a weaker footing in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.33% against the USD and closed at 1.3156. In the Asian session, at GMT0300, the pair is trading at 1.3145, with the GBP trading 0.08% lower against the … Continue reading

Posted in GBP/USD | Comments Off

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.10% against the USD and closed at 1.3212 on Friday. In the economic news, UK’s Rightmove house price index climbed 0.9% on a yearly basis in October, after … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: Pound extends its gains in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.34% against the USD and closed at 1.3199. In the Asian session, at GMT0300, the pair is trading at 1.3237, with the GBP trading 0.29% higher against the … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: Britain’s GDP growth flattens in August

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.3154, amid renewed hopes for a Brexit deal. On the macro front, UK’s gross domestic product (GDP) remained flat on a … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: Sterling trading higher, ahead of crucial economic data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.38% against the USD and closed at 1.3143. In the Asian session, at GMT0300, the pair is trading at 1.3158, with the GBP trading 0.11% higher against the … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: UK’s BRC like-for-like retail sales surprisingly declined in September

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.21% against the USD and closed at 1.3093. Macroeconomic news indicated that UK’s BRC like-for-like retail sales across all sectors unexpectedly dropped 0.2% on a yearly basis in … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: Britain’s Halifax house prices unexpectedly fall in September

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.72% against the USD and closed at 1.3117 on Friday. On the macro front, the Halifax house price index unexpectedly dropped 1.4% on a monthly basis in September, … Continue reading

Posted in GBP/USD | Comments Off

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.59% against the USD and closed at 1.3023. In the Asian session, at GMT0300, the pair is trading at 1.3018, with the GBP trading slightly lower against the … Continue reading

Posted in GBP/USD | Comments Off