GBP/USD: Pound trading a tad higher ahead of UK CPI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.11% against the USD and closed at 1.5423, extending its previous session losses. In the Asian session, at GMT0300, the pair is trading at 1.5426, with the GBP … Continue reading

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GBP/USD: Pound trading higher in the Asian session

GBPUSD Movement On Friday, the GBP declined 0.07%against the USD and closed at 1.5429, after the consumer inflation expectations in the UK for the next 12 months dipped to 2.0% from a level of 2.2% estimated earlier. In other economic … Continue reading

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GBP/USD: The BoE left interest rates unchanged

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.54% against the USD and closed at 1.5440, after the BoE indicated that the central bank remains on track to raise its benchmark interest rate next year, despite … Continue reading

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GBP/USD: Pound trading marginally lower, ahead of the BoE’s interest rate decision

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.24% against the USD and closed at 1.5357, following the release of downbeat industrial and manufacturing production data in the UK. Data showed that manufacturing production in the … Continue reading

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GBP/USD: Pound trading a tad lower ahead of series of economic releases from Britain

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.80% against the USD and closed at 1.5394. In the Asian session, at GMT0300, the pair is trading at 1.5393, with the GBP trading marginally lower from yesterday’s … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.55% against the USD and closed at 1.5272. In the Asian session, at GMT0300, the pair is trading at 1.5288, with the GBP trading 0.11% higher from yesterday’s … Continue reading

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GBP/USD: Pound reversed its losses in the Asian session

GBPUSD Movement On Friday, the GBP declined 0.46% against the USD and closed at 1.5183. In the Asian session, at GMT0300, the pair is trading at 1.5191, with the GBP trading marginally higher from yesterday’s close. The pair is expected … Continue reading

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GBP/USD: UK services PMI unexpectedly fell in August

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.37% against the USD and closed at 1.5253, after the UK services sector expanded less than expected in August. The UK services PMI eased to 55.60 in August, … Continue reading

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GBP/USD: Pound trading lower ahead of UK services activity data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded marginally higher against the USD and closed at 1.5309. However, the gains were kept in check, as UK’s construction sector expanded less than forecasted in August, dampening optimism … Continue reading

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GBP/USD: Pound trading on a stronger footing ahead of UK’s construction PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.32% against the USD and closed at 1.5302, as manufacturing activity in the UK eased in August. The UK manufacturing PMI unexpectedly dipped to a level of 51.5 … Continue reading

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GBP/USD: Pound trading higher, ahead of manufacturing PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.43% against the USD and closed at 1.5351. On Friday, the country’s economy grew in the second quarter, highlighting the 10th quarter of positive gains. Over the weekend, … Continue reading

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