GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.3% against the USD and closed at 1.4213. In the Asian session, at GMT0400, the pair is trading at 1.4215, with the GBP trading marginally lower from Friday’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.64% against the USD and closed at 1.4171. In economic news, UK’s Markit services PMI dropped to nearly a three-year low of of 52.7 in February, thus darkening … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.9% against the USD and closed at 1.4081. On the economic front, UK’s construction PMI unexpectedly fell to a level of 54.2 in February, touching its ten-month low … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.21% against the USD and closed at 1.3956. On the economic front, UK’s seasonally adjusted Markit manufacturing PMI fell more-than-anticipated to nearly a 3-year low level of 50.8 … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.45% against the USD and closed at 1.3927, after UK’s mortgage approvals advanced more-than-anticipated to a two-year high level of 74.6K in January, from a revised reading of … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.65% against the USD and closed at 1.3866. In the Asian session, at GMT0400, the pair is trading at 1.3857, with the GBP trading 0.13% lower from Friday’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.19% against the USD and closed at 1.3956, after UK’s preliminary GDP rose by 0.5% on a quarterly basis in Q4 2015, in line with market expectations. In … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.67% against the USD and closed at 1.3930, amid fears that Britain might vote to leave the European Union in a June referendum. In economic news, UK’s BBA … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.9% against the USD and closed at 1.4025, after the BoE Governor, Mark Carney, hinted for additional stimulus in the economy. Yesterday, the BoE Governor, Mark Carney, in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.01% against the USD and closed at 1.4152, after the London Mayor, Boris Johnson, expressed his support for Britain’s exit from the European Union (EU) bloc. In the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.4355, after retail sales in the UK bounced back last month. Data showed that UK’s retail sales rose more-than-expected and jumped … Continue reading →