GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.18% against the USD and closed at 1.5061. On the economic front, UK’s net consumer credit rose less-than-expected by £1.2 billion in October, against market expectations for it … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.37% against the USD and closed at 1.5046. In economic news, the second estimate of UK’s GDP rose as expected by 0.5% QoQ in 3Q 2015, compared to … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.16% against the USD and closed at 1.5102. In the Asian session, at GMT0400, the pair is trading at 1.5095, with the GBP trading marginally lower from yesterday’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.5126, after UK’s BBA mortgage approvals climbed in October from September. Data showed that Britain’s BBA mortgage approvals advanced to a … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.24% against the USD and closed at 1.5085, following dovish comments from two top officials of the BoE. The BoE Governor, Mark Carney, indicated that the low interest … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.42% against the USD and closed at 1.5122. In the Asian session, at GMT0400, the pair is trading at 1.5137, with the GBP trading 0.1% higher from yesterday’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.63% against the USD and closed at 1.5193, after UK’s public sector net borrowing rose more-than-anticipated in October. Data showed that Britain’s public sector net borrowing recorded a … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.38% against the USD and closed at 1.5289. In economic news, UK’s retail sales fell more-than-expected by 0.6% MoM in October, after recording a 1.7% rise in the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.10% against the USD and closed at 1.5232, after optimistic remarks by a top official from the BoE. Yesterday, the BoE’s Deputy Governor, Ben Broadbent, downplayed the central … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.5216, after UK’s consumer price inflation rebounded in line with market expectations on a monthly basis in October. Data showed that … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.12% against the USD and closed at 1.5202. In the Asian session, at GMT0400, the pair is trading at 1.5179, with the GBP trading 0.15% lower from yesterday’s … Continue reading →