GBP/USD: British consumer confidence slips to a four-month low in October

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.31% against the USD and closed at 1.5318. In economic news, UK’s net consumer credit recorded a rise of £1.3 billion in September, compared to an upwardly revised … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: Pound trading tad lower, ahead of Britain’s consumer credit data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.25% against the USD and closed at 1.5271. In the Asian session, at GMT0400, the pair is trading at 1.5261, with the GBP trading marginally lower from yesterday’s … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: UK economy loses steam in Q3

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.28% against the USD and closed at 1.5310, after UK’s weak construction and manufacturing sector activity slowed down the nation’s economy in the 3Q of 2015. The flash … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: Pound trading tad higher, ahead of Britain’s Q3 GDP Data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.5352. In economic news, UK’s BBA mortgage approvals dropped to a four-month low reading of 44.5k in September, against market expectations … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: Pound trading higher, ahead of UK’s mortgage approvals data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.48% against the USD and closed at 1.5314. In the Asian session, at GMT0400, the pair is trading at 1.5337, with the GBP trading 0.15% higher from Friday’s … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: UK retail sales surge in September

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.19% against the USD and closed at 1.5388, as Britain’s retail sales soared in September from August. Data showed that the nation’s retail sales were up 1.7% MoM, … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: Pound trading higher, ahead of Britain’s retail sales data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.18% against the USD and closed at 1.5418. In economic news, UK’s public sector net borrowing reported a surplus of £8.6 billion in September, against investor expectations for … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: Pound trading on a weaker footing, ahead of Britain’s public sector net borrowing data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.11% against the USD and closed at 1.5446. In the Asian session, at GMT0300, the pair is trading at 1.5441, with the GBP trading marginally lower from yesterday’s … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: Pound trading tad higher in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.17% against the USD and closed at 1.5463, reversing its previous session losses. In the Asian session, at GMT0300, the pair is trading at 1.5475, with the GBP … Continue reading

Posted in GBP/USD | Comments Off

GBP/USD: Pound reverses its losses in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.28% against the USD and closed at 1.5434. In economic news, UK’s Rightmove house price index rose 0.6% MoM in October, from an increase of 0.9% in the … Continue reading

Posted in GBP/USD | Comments Off

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally rose against the USD and closed at 1.5478. In the Asian session, at GMT0300, the pair is trading at 1.5472, with the GBP trading marginally lower from yesterday’s … Continue reading

Posted in GBP/USD | Comments Off