GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.27% against the USD and closed at 1.4596, after UK’s dominant services sector grew at a faster pace than expected in January. Data showed that the nation’s Markit … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.06% against the USD and closed at 1.4413, after UK’s construction PMI fell more-than-expected to a 9-month low level of 55.0 in January, compared to market expectations of … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.31% against the USD and closed at 1.4421, after UK’s seasonally adjusted Markit manufacturing PMI unexpectedly advanced to a 3-month high level of 52.9 in January, whereas investors … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.99% against the USD and closed at 1.4216. In the Asian session, at GMT0400, the pair is trading at 1.4259, with the GBP trading 0.31% higher from Friday’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.8% against the USD and closed at 1.4358, after UK’s GDP growth expanded by 0.5% QoQ in the Q4 2015, in line with market expectations, following a growth … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.71% against the USD and closed at 1.4244, after downbeat UK mortgage data. The nation’s BBA mortgage approvals unexpectedly declined to a seven-month low level of 43.96K in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.68% against the USD and closed at 1.4345. Yesterday, the BoE Governor, Mark Carney, indicated that the decision of the US Fed to tighten its monetary in December … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.12% against the USD and closed at 1.4248. On the economic front, UK’s CBI business optimism index climbed to a level of by -4.0 in January, from a … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.5% against the USD and closed at 1.4295. In economic news, UK’s retail sales fell more than expected by 0.9% MoM in December, after recording a revised gain … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.4225. In the Asian session, at GMT0400, the pair is trading at 1.4211, with the GBP trading 0.1% lower from yesterday’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.14% against the USD and closed at 1.4187, after the release of mixed UK labour data. Data showed that UK’s ILO unemployment rate unexpectedly fell to the lowest … Continue reading →