GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded marginally lower against the USD and closed at 1.5606. On the macro front, number of homebuyer mortgages approvals advanced more than expected to 66.6K in June, after dipping … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.34% against the USD and closed at 1.5612, after Britain’s economic expansion accelerated in the second quarter of 2015, on the back of robust growth in the nation’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.28% against the USD and closed at 1.5560, rebounding from its previous session losses. The balance of firms in the UK reporting total order book above normal unexpectedly … Continue reading →

GBPUSD Movement On Friday, the GBP is trading marginally lower against the USD and closed at 1.5510. In economic news, UK BBA mortgage approvals notched a 15-month high level of 44.48K in June, compared to a revised reading of 42.87 … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.65% against the USD and closed at 1.5515, after the release of dismal retail sales data in the UK. Yesterday, data released showed that retail sales in the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.38% against the USD and closed at 1.5616. Yesterday, the BoE minutes revealed that the central bank’s policymakers voted unanimously to maintain its interest rates at the record … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.07% against the USD and closed at 1.5557. In economic news, Britain’s public sector net borrowing edged up to £8.60 billion in June, from a revised surplus of … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.27% against the USD and closed at 1.5567, extending its previous session losses. In the Asian session, at GMT0300, the pair is trading at 1.5565, with the GBP … Continue reading →

GBPUSD Movement On Friday, the GBP marginally declined against the USD and closed at 1.5605, surrendering its earlier session gains. In the Asian session, at GMT0300, the pair is trading at 1.5585, with the GBP trading 0.13% lower from Friday’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.20% against the USD and closed at 1.5609. Yesterday, the BoE Chief, Mark Carney, in a speech, gave strong signals about the timing of an interest rate hike … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded a tad higher against the USD and closed at 1.5639. Yesterday, data showed that unemployment in the UK unexpectedly rose to 5.6% in the three months ended May, … Continue reading →