GBP/USD: Sterling trading slightly lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.22% against the USD and closed at 1.2629, amid ongoing Brexit uncertainty. In the Asian session, at GMT0300, the pair is trading at 1.2628, with the GBP trading … Continue reading

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GBP/USD: UK’s mortgage approvals surprisingly climbed to a two-year high level in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.20% against the USD and closed at 1.2657. Data showed that UK’s BBA mortgage approvals surprisingly rose to a two-year high level of 42.9K in April, signalling recovery … Continue reading

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GBP/USD: British pound trading lower in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.41% against the USD and closed at 1.2682, after UK Prime Minister Theresa May announced that she would resign from her position. On Friday, data indicated that UK’s … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly declined against the USD and closed at 1.2663, after Prime Minister Theresa May’s second Brexit referendum was rejected in the parliament. In the Asian session, at GMT0300, the … Continue reading

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GBP/USD: Britain’s consumer price index rose less than expected in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.2664, amid speculation that Prime Minister Theresa May’s leadership could come to an end, after her new Brexit plan was rejected. … Continue reading

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GBP/USD: OECD upgrades Britain’s 2019 economic growth forecast

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.18% against the USD and closed at 1.2704, after Chancellor, Philip Hammond, warned over the potential impact of no-deal Brexit on the economy. The OECD increased UK’s economic … Continue reading

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GBP/USD: British Pound trading slightly higher in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.08% against the USD and closed at 1.2727. In the Asian session, at GMT0300, the pair is trading at 1.2730, with the GBP trading a tad higher against … Continue reading

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GBP/USD: UK’s Rightmove house price index advanced in May

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.58% against the USD and closed at 1.2722 on Friday, after Brexit negotiations between the Conservatives and Labour collapsed. Data revealed that UK’s Rightmove house price index rebounded … Continue reading

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GBP/USD: British Pound extends its losses in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.39% against the USD and closed at 1.2796. In the Asian session, at GMT0300, the pair is trading at 1.2791, with the GBP trading slightly lower against the … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.50% against the USD and closed at 1.2846, amid fears that Prime Minister Theresa May’s proposed Brexit deal will be rejected again in June. In the Asian session, … Continue reading

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GBP/USD: UK’s ILO unemployment rate eased to a 45-year low rate in the January-March 2019

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.32% against the USD and closed at 1.2910. Data showed that UK’s ILO unemployment rate unexpectedly slid to a 45-year low rate of 3.8% in the January-March 2019 … Continue reading

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