GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.33% against the USD and closed at 1.4333. Yesterday, the OECD projected the UK economy to grow by 2.1% in 2016 and 2.0% in 2017, down from an … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.13% against the USD and closed at 1.4286, after the release of mixed jobs data in the UK. Data showed that, the ILO unemployment rate unexpectedly remained steady … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.97% against the USD and closed at 1.4304, after UK’s consumer price index (CPI) fell more-than-expected by 0.8% MoM in January, whereas markets expected for a drop of … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.42% against the USD and closed at 1.4444. In the Asian session, at GMT0400, the pair is trading at 1.4428, with the GBP trading 0.11% lower from yesterday’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined marginally against the USD and closed at 1.4474, after UK’s seasonally adjusted construction output rose less-than-expected by 1.5% MoM in December while markets expected it to gain 2.0% … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.41% against the USD and closed at 1.4475. In the Asian session, at GMT0400, the pair is trading at 1.4474, with the GBP trading marginally lower from yesterday’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.47% against the USD and closed at 1.4534. In economic news, NIESR estimated that UK’s GDP advanced 0.4% in the 3-months period ended January 2016, down from a … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.29% against the USD and closed at 1.4467, after UK’s total trade deficit declined more than anticipated to £2.71 billion, compared to a revised deficit of £4.03 billion … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.55% against the USD and closed at 1.4424. In the Asian session, at GMT0400, the pair is trading at 1.4423, with the GBP trading marginally lower from yesterday’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.74% against the USD and closed at 1.4471. In the Asian session, at GMT0400, the pair is trading at 1.451, with the GBP trading 0.27% higher from Friday’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.12% against the USD and closed at 1.4579. Yesterday, the BoE policymakers unanimously voted to keep key interest rate steady at 0.5%, and made no changes to its … Continue reading →