GBP/USD: Pound trading a tad lower ahead of Britain’s Q1 GDP data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.11% against the USD and closed at 1.5731. On the macro front, number of mortgage approvals in the UK for house purchases eased unexpectedly to a level of … Continue reading

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

GBPUSD Movement On Friday, the GBP traded marginally lower against the USD and closed at 1.5743. In the Asian session, at GMT0300, the pair is trading at 1.5717, with the GBP trading 0.17% lower from Friday’s close. The pair is … Continue reading

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GBP/USD: Pound trading marginally lower this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.5749. In the Asian session, at GMT0300, the pair is trading at 1.5747, with the GBP trading a tad lower from … Continue reading

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GBP/USD: Pound trading marginally lower this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.16% against the USD and closed at 1.5707. On the macro front, Britain’s BBA mortgage approvals advanced to 42.53 K in May, lower than market expectations of an … 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 fell 0.59% against the USD and closed at 1.5733. In the Asian session, at GMT0300, the pair is trading at 1.5745, with the GBP trading 0.08% higher from yesterday’s … Continue reading

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GBP/USD: Pound trading lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.32% against the USD and closed at 1.5827. In the Asian session, at GMT0300, the pair is trading at 1.5775, with the GBP trading 0.33% lower from yesterday’s … Continue reading

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GBP/USD: Pound reverses its losses this morning

GBPUSD Movement On Friday, the GBP is trading marginally lower against the USD and closed at 1.5871. In economic news, public sector net borrowing expanded to a level of £9.4 billion in May, compared to a revised reading of £5.5 … Continue reading

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GBP/USD: Pound trading on a stronger footing this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.29% against the USD and closed at 1.5880, on the back of upbeat UK retail sales figures in May. Yesterday’s data showed that retail sales unexpectedly rose 0.2% … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.20% against the USD and closed at 1.5834, after wage growth in the UK picked up more than expected in the three months ended April. Data showed that … Continue reading

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GBP/USD: Britain’s CPI swung back in May

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.30% against the USD and closed at 1.5646, after UK’s May consumer prices ticked higher on an annual basis in May. Data showed that Britain’s consumer price inflation … Continue reading

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GBP/USD: Pound trading higher ahead of Britain’s consumer price inflation data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.23% against the USD and closed at 1.5599. In the Asian session, at GMT0300, the pair is trading at 1.5612, with the GBP trading 0.08% higher from yesterday’s … Continue reading

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