GBPUSD Movement On Friday, GBP marginally declined 0.25%against the USD and closed at 1.5283. Data released showed that Lloyds business barometer in the UK climbed to 55.00 in May, compared to a level of 53.00 in the prior month. In … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.20% against the USD and closed at 1.5321, as a disappointing UK’s first quarter GDP data dampened investor sentiment. Data showed that the second estimate of UK’s GDP … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.26% against the USD and closed at 1.5352. In the Asian session, at GMT0300, the pair is trading at 1.5348, with the GBP trading marginally lower from yesterday’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.53% against the USD and closed at 1.5392. Yesterday, data indicated that UK’s CBI distributive trade survey’s retail sales balance rose to a level of 51.00% in May, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.09% against the USD and closed at 1.5474. On Friday, data showed that UK’s public sector net borrowing unexpectedly posted a surplus of £6.00 billion in April, following … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.80% against the USD and closed at 1.5661, as Britain’s monthly retail sales bounced back strongly in April. Data showed that retail sales in the UK climbed 1.2% … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.16% against the USD and closed at 1.5537, as traders digested the release of the BoE minutes from its recent monetary policy meeting. The minutes showed that the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.95% against the USD and closed at 1.5512, as the UK’s inflation entered into negative territory for the first time since 1960 in April. Data showed that the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.49% against the USD and closed at 1.5661. In the Asian session, at GMT0300, the pair is trading at 1.5648, with the GBP trading 0.08% lower from yesterday’s … Continue reading →

GBPUSD Movement On Friday, the GBP fell 0.25% against the USD and closed at 1.5734. On the macro front, construction output in the UK jumped slightly less-than-expected 3.9% in March on a monthly basis, snapping a 4 months streak of … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.21% against the USD and closed at 1.5774, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1.5774, with the GBP … Continue reading →