GBPUSD Movement On Friday, the GBP rose 0.30% against the USD and closed at 1.5560. In economic news, the construction output in Britain surprisingly eased 0.8% on a monthly basis in April, while it was expected to increase 0.1%. The … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.5513. In the Asian session, at GMT0300, the pair is trading at 1.5521, with the GBP trading marginally higher from yesterday’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.78% against the USD and closed at 1.5500, after the NIESR forecasted that Britain’s economy grew at a faster pace in the March-May 2015 period, recovering from a … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.25% against the USD and closed at 1.5380, as Britain’s trade deficit improved. Data showed that total trade deficit narrowed more than expected to £1.2 billion in April, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.47% against the USD and closed at 1.5342. Yesterday, the BRC indicated that retail sales across all sectors in the UK remained flat on an annual basis in … Continue reading →

GBPUSD Movement On Friday, the GBP traded 0.52% lower against the USD and closed at 1.5276. On the macro front, consumer inflation expectations in the UK for the next 12 months advanced to 2.20% in May, up from previous month’s … Continue reading →

GBPUSD Movement On Friday, the GBP traded 0.52% lower against the USD and closed at 1.5276. On the macro front, consumer inflation expectations in the UK for the next 12 months advanced to 2.20% in May, up from previous month’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.18% against the USD and closed at 1.5356. Yesterday, the BoE, in a widely expected move, kept its benchmark interest rates unchanged at an all-time low of 0.5%, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.10% against the USD and closed at 1.5328, as Britain’s services PMI suffered its sharpest slowdown in nearly four years in May. Data released showed that UK’s services … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.94% against the USD and closed at 1.5343, on the back of upbeat construction PMI and mortgage approval data in the UK. Data released showed that UK construction … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.57% against the USD and closed at 1.5201, after UK’s manufacturing PMI missed market estimates in May. Yesterday, the UK manufacturing PMI climbed less-than-expected to a level of … Continue reading →