GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.97% against the USD and closed at 1.2381. On the data front, UK’s consumer credit fell to a level of £0.90 billion in February, less than market expectations … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.32% against the USD and closed at 1.2465 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2383, with the GBP trading 0.66% lower … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 6.65% against the USD and closed at 1.2162. On the data front, UK’s retail sales unexpectedly dropped 0.3% on a monthly basis in February, amid weak sales due … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 9.27% against the USD and closed at 1.1820. On the data front, UK’s consumer price inflation slowed to 1.7% on a yearly basis in February, driven by motor … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 9.49% against the USD and closed at 1.1791, amid weak economic data. On the data front, UK’s Markit manufacturing PMI dropped to 48.0 in March, less than market … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 11.34% against the USD and closed at 1.1550. In the Asian session, at GMT0400, the pair is trading at 1.1629, with the GBP trading 0.68% higher against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 11.09% against the USD and closed at 1.1583 on Friday. On the data front, UK’s public sector net borrowing posted a surplus of £0.39 billion in February, confounding … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 12.15% against the USD and closed at 1.1445. The Bank of England (BoE), in its monetary policy meeting, slashed its benchmark interest rate by 15bps to 0.1%, in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 10.49% against the USD and closed at 1.1661. In the Asian session, at GMT0400, the pair is trading at 1.1502, with the GBP trading 1.36% lower against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 7.13% against the USD and closed at 1.2099. On the data front, UK’s average earnings including bonus rose 3.1% on an annual basis in the three months ended … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.82% against the USD and closed at 1.2270. In the Asian session, at GMT0400, the pair is trading at 1.2261, with the GBP trading 0.07% lower against the … Continue reading →