GBP/USD: Sterling trading higher, as investors eye UK GDP growth data for Q2

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.46% against the USD and closed at 1.5405. In the Asian session, at GMT0300, the pair is trading at 1.5429, with the GBP trading 0.16% higher from yesterday’s … Continue reading

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GBP/USD: Sterling trading higher, as investors eye UK GDP growth data for Q2

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.46% against the USD and closed at 1.5405. In the Asian session, at GMT0300, the pair is trading at 1.5429, with the GBP trading 0.16% higher from yesterday’s … Continue reading

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GBP/USD: Pound trading higher this morning, ahead of Nationwide housing prices data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.40% against the USD and closed at 1.5476, despite positive macroeconomic data from the UK. July mortgage approvals in the UK rose to its highest level since February … Continue reading

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GBP/USD: Sterling trading reverses its losses in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.37% against the USD and closed at 1.5696. In the Asian session, at GMT0300, the pair is trading at 1.5710, with the GBP trading 0.09% higher from yesterday’s … Continue reading

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GBP/USD: Pound trading higher, ahead of index of services data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.42% against the USD and closed at 1.5754. In the Asian session, at GMT0300, the pair is trading at 1.5767, with the GBP trading 0.08% higher from yesterday’s … Continue reading

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GBP/USD: Sterling trading lower in the Asian session

GBPUSD Movement On Friday, the GBP rose marginally against the USD and closed at 1.5694. Friday’s data revealed that Britain’s public sector net borrowing, excluding public sector banks, decreased by £1.4 billion to a surplus of £1.3 billion in July … Continue reading

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GBP/USD: Sterling extends its gains in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.5686, after the CBI monthly total order book balance unexpectedly improved to -1 from -10 in July. Meanwhile, Britain’s retail sales … Continue reading

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GBP/USD: Sterling trading lower, ahead of retail sales data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.16% against the USD and closed at 1.5683. In the Asian session, at GMT0300, the pair is trading at 1.5677, with the GBP trading marginally lower from yesterday’s … Continue reading

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GBP/USD: Pound trading higher in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.48% against the USD and closed at 1.5658. Meanwhile, July’s consumer prices slid 0.20% MoM in the UK, lower than market expectations for a fall of 0.30%. The … Continue reading

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GBP/USD: Pound reverses its losses in the Asian session, ahead of UK’s CPI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.44% against the USD and closed at 1.5584. In the Asian session, at GMT0300, the pair is trading at 1.5586, with the GBP trading marginally higher from yesterday’s … Continue reading

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GBP/USD: Pound trading a tad higher this morning

GBPUSD Movement On Friday, the GBP marginally rose 0.23% against the USD and closed at 1.5645. In economic news, Britain construction output growth rose moderately by 0.9% on a MoM basis in June, against market expected increase of 2.0% and … Continue reading

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