GBP/USD: UK’s manufacturing sector slowed in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.16% against the USD and closed at 1.4711, after UK’s Markit manufacturing PMI unexpectedly declined to a 3-month low level of 51.9 in December, compared to market expectations … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: Pound trading on a weaker footing, ahead of UK’s December Markit manufacturing PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.47% against the USD and closed at 1.4740. In the Asian session, at GMT0400, the pair is trading at 1.472, with the GBP trading 0.1% lower from Thursday’s … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: UK house prices hit an 8-month high level on a monthly basis in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.06% against the USD and closed at 1.4810. In economic news, UK’s nationwide house price index rose more-than-expected by 0.8% on a monthly basis in December, notching its … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: Pound trading higher, ahead of Britain’s nationwide housing price index data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.43% against the USD and closed at 1.4819. In the Asian session, at GMT0400, the pair is trading at 1.4834, with the GBP trading 0.11% higher from yesterday’s … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: Pound trading on a stronger footing in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.27% against the USD and closed at 1.4883. In the Asian session, at GMT0400, the pair is trading at 1.4905, with the GBP trading 0.15% higher from yesterday’s … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: UK GDP growth revised downwards

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.30% against the USD and closed at 1.4871. However, gains in Pound were kept in check, after UK’s GDP growth was revised downwards to 0.4% on a quarterly … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: Pound trading a tad higher ahead of Britain’s Q3 GDP data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.40% against the USD and closed at 1.4826, after the UK recorded worst public sector net borrowing figures in two years. Data showed that UK’s public sector net … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: UK’s consumer confidence edged higher in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.15% against the USD and closed at 1.4885. In the Asian session, at GMT0400, the pair is trading at 1.4886, with the GBP trading flat from yesterday’s close. … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: Pound trading on a stronger footing in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell marginally against the USD and closed at 1.4898. In the Asian session, at GMT0400, the pair is trading at 1.4914, with the GBP trading 0.11% higher from Friday’s … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: UK retail sales surged in November

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.53% against the USD and closed at 1.4904. However, losses in the Pound were trimmed, on the back of upbeat retail sales in the UK. Data showed that … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: UK’s unemployment rate unexpectedly fell during the August-October 2015 period

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.35% against the USD and closed at 1.4984. In economic news, UK’s ILO unemployment rate surprisingly declined to 5.2% in the three months to October, compared to a … Continue reading

Posted in GBP/USD | Comments Off