GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.49% against the USD and closed at 1.4666. On Friday, data showed that UK’s mortgage approvals unexpectedly declined to a four-month low level of 71.4K in March, weighed … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.46% against the USD and closed at 1.4608. In economic news, UK’s seasonally adjusted Nationwide housing price index advanced less-than-expected by 0.2% MoM in April, its weakest rise … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.26% against the USD and closed at 1.4541, after UK’s gross domestic product (GDP) growth slowed sharply in the first three months of 2016, as the looming European … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.67% against the USD and closed at 1.4578. In economic news, UK’s BBA mortgage approvals surprisingly declined to a level of 45.1K in March, its lowest level in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.22% against the USD and closed at 1.4482. In economic news, UK’s CBI industrial trends total orders unexpectedly improved to a level of -11.0 in April, from a … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.65% against the USD and closed at 1.4412. In the Asian session, at GMT0300, the pair is trading at 1.4434, with the GBP trading 0.16% higher from Friday’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.10% against the USD and closed at 1.4319, after UK’s retail sales declined for the second consecutive month in March. Data showed that retail sales declined 1.3% MoM … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.34% against the USD and closed at 1.4334, following disappointing employment report in the UK. Data showed that average weekly earnings rose by 1.8% in the three months … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.76% against the USD and closed at 1.4384. Yesterday, the Bank of England (BoE) Governor, Mark Carney, warned that UK’s exit from the European Union posed the biggest … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.72% against the USD and closed at 1.4228. In economic news, UK’s BRC retail sales monitor across all sectors declined by 0.7% YoY in March, its biggest drop … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.53% against the USD and closed at 1.4129. In economic news, UK’s manufacturing production declined more-than-expected by 1.1% MoM in February, raising fears over the performance of the … Continue reading →