GBP/USD: British Pound trading higher, ahead of UK’s 1Q GDP data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.2971. In the Asian session, at GMT0300, the pair is trading at 1.2984, with the GBP trading 0.10% higher against the … Continue reading

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GBP/USD: UK public sector net borrowing rose in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.32% against the USD and closed at 1.2961, after a suspected terrorist attack in UK’s Manchester city killed at least 22 people and left around 60 people injured. … Continue reading

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GBP/USD: Pound trading lower, ahead of the UK public sector net borrowings data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.3003. Meanwhile, latest polls showed that the UK Prime Minister, Theresa May’s lead over her opposition leaders had narrowed to nine … Continue reading

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GBP/USD: UK CBI industrial trends total orders unexpectedly rose in May

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.7% against the USD and closed at 1.3033 on Friday. Data revealed that the CBI industrial trends total orders surprisingly advanced to 9.0 in May, mainly driven by … Continue reading

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GBP/USD: UK’s retail sales sharply rebound in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.19% against the USD and closed at 1.2942. In economic news, data showed that British retail sales rebounded more-than-anticipated by 2.3% on a monthly basis in April, suggesting … Continue reading

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GBP/USD: UK’s ILO unemployment rate surprisingly dipped to a more than 4-decade low level in the three months to March

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.4% against the USD and closed at 1.2967, after the latest ILO jobs report highlighted continued strength in the UK labour market. Britain’s ILO unemployment rate unexpectedly fell … Continue reading

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GBP/USD: UK’s consumer price inflation jumped to a nearly 4-year high level in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.2915, after data indicated that annual inflation in the UK soared in April. Data showed that Britain’s consumer price index (CPI) … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.09% against the USD and closed at 1.2898. In the Asian session, at GMT0300, the pair is trading at 1.2908, with the GBP trading 0.08% higher against the … Continue reading

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GBP/USD: Pound trading higher in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.06% against the USD and closed at 1.2880 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2892, with the GBP trading 0.09% higher … Continue reading

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GBP/USD: Bank of England left interest rates unchanged, lowered 2017 growth forecast

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.32% against the USD and closed at 1.2888, after the Bank of England (BoE) trimmed Britain’s 2017 economic growth outlook. The BoE, at its latest monetary policy meeting, … Continue reading

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GBP/USD: Pound trading on a stronger footing, ahead of the BoE’s monetary policy decision

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.14% against the USD and closed at 1.2929. In the Asian session, at GMT0300, the pair is trading at 1.2940, with the GBP trading 0.09% higher against the … Continue reading

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