GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.90% against the USD and closed at 1.5037. Macroeconomic data showed that UK’s consumer price index (CPI) rose 0.1% YoY in November, in line with market expectations, entering … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.14% against the USD and closed at 1.5172. Yesterday the BoE’s Deputy Governor, Minouche Shafik, stated that she will “tread carefully” when considering voting for an interest-rate increase. … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.38% against the USD and closed at 1.5215. In economic news, UK’s construction output edged up less-than-anticipated by 0.2% MoM in October, after remaining flat in the previous … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.18% against the USD and closed at 1.5157, after the BoE expressed concerns over UK’s inflation and wage growth. Yesterday, The BoE left the benchmark interest rate unchanged … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.16% against the USD and closed at 1.5184. In the Asian session, at GMT0400, the pair is trading at 1.5179, with the GBP trading marginally lower from yesterday’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.24% against the USD and closed at 1.5011, after UK’s manufacturing production fell more-than-expected on a monthly basis in October. Data showed that manufacturing production in Britain declined … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.41% against the USD and closed at 1.5047. In the Asian session, at GMT0400, the pair is trading at 1.5045, with the GBP trading marginally lower from yesterday’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.27% against the USD and closed at 1.5099. In the Asian session, at GMT0400, the pair is trading at 1.5098, with the GBP trading marginally lower from Friday’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.30% against the USD and closed at 1.5139, after UK’s Markit services PMI notched its highest level since July 2015. Data showed that Britain’s services PMI advanced more-than-expected … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.86% against the USD and closed at 1.4946. In economic news, UK’s Markit construction PMI dropped to a 7-month low level of 55.3 in November, compared to a … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.5075. In economic news, UK’s Markit manufacturing PMI declined to a level of 52.7 in November, compared to market expectations of … Continue reading →