GBP/USD: British Pound trading flat in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.55% against the USD and closed at 1.2729. On the data front, UK’s public sector net borrowing narrowed to £34.8 billion in June, less than market anticipations and … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.07% against the USD and closed at 1.2659. In the Asian session, at GMT0300, the pair is trading at 1.2676, with the GBP trading 0.13% higher against the … Continue reading

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GBP/USD: British Pound reverses its gains in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.14% against the USD and closed at 1.2572 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2522, with the GBP trading 0.40% lower … Continue reading

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GBP/USD: UK’s unemployment rate remained steady in May

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.30% against the USD and closed at 1.2554. On the data front, UK’s ILO unemployment rate remained unchanged at 3.9% in three months ended May, less than market … Continue reading

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GBP/USD: UK’s consumer price index rose in June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.17% against the USD and closed at 1.2592. On the data front, UK’s consumer price index increased 0.6% on a yearly basis in June, beating market expectations for … Continue reading

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GBP/USD: Britain’s economy expanded in May

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.10% against the USD and closed at 1.2571. On the data front, UK’s gross domestic product climbed 1.8% on a monthly basis in May, less than market forecast … Continue reading

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GBP/USD: UK’s BRC like-for-like retail sales jumped in June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.72% against the USD and closed at 1.2558. In the Asian session, at GMT0300, the pair is trading at 1.2547, with the GBP trading 0.09% lower against the … Continue reading

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GBP/USD: British Pound trading on a stronger footing this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.21% against the USD and closed at 1.2630 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2655, with the GBP trading 0.20% higher … Continue reading

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GBP/USD: British Pound trading on a negative footing this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.05% against the USD and closed at 1.2604. In the Asian session, at GMT0300, the pair is trading at 1.2589, with the GBP trading 0.12% lower against the … Continue reading

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GBP/USD: UK’s RICS housing price balance rose more-than-expected in June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.54% against the USD and closed at 1.2610. On the data front, UK’s RICS housing price balance rose to -15.0% in June, more than market expectations for a … Continue reading

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GBP/USD: UK’s house prices dropped for the fourth consecutive month in June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.38% against the USD and closed at 1.2542, amid optimism over Brexit talks. On the data front, UK’s Halifax house prices slid 0.1% on a monthly basis in … Continue reading

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