GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.46% against the USD and closed at 1.5740, as the UK ILO employment figures outpaced forecasts in March. Yesterday, data indicated that UK unemployment rate fell to a … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.60% against the USD and closed at 1.5668, after stronger than expected economic data in the UK. Data showed that manufacturing production in the UK climbed 0.40% MoM … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.88% against the USD and closed at 1.5576, extending its previous session gains. Yesterday, the BoE’s Monetary Policy Committee (MPC) kept its benchmark rates unchanged at a record … Continue reading →

GBPUSD Movement On Friday, GBP rose 0.49% against the USD and closed at 1.5449, after UK Prime Minister, David Cameron regained power as Conservative party registered victory in Britain’s general elections. In economic news, the UK trade deficit narrowed to … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.87% against the USD and closed at 1.5374, after the first exit polls showed that Britain’s Prime Minister, David Cameron would retain his power. In the Asian session, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.46% against the USD and closed at 1.5241, as Britain’s service sector activity expanded at the fastest pace in eight months for April. Data showed that Britain’s services … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.36% against the USD and closed at 1.5172. Gains in Pound were kept in check, after Britain’s Markit construction PMI eased to 54.2, registering its lowest reading in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.28% against the USD and closed at 1.5117. On Friday, data showed that the manufacturing PMI in the UK unexpectedly fell to a 7-month low reading of 51.9 … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.50% against the USD and closed at 1.5351. In the Asian session, at GMT0300, the pair is trading at 1.5343, with the GBP trading marginally lower from yesterday’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.60% against the USD and closed at 1.5428. In the Asian session, at GMT0300, the pair is trading at 1.5428, with the GBP trading flat from yesterday’s close. … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.72% against the USD and closed at 1.5337, as investors shrugged off downbeat Q1 preliminary estimate of the UK GDP data. Data released showed that the preliminary print … Continue reading →