GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.36% against the USD and closed at 1.5112. In the Asian session, at GMT0400, the pair is trading at 1.5084, with the GBP trading 0.18% lower from yesterday’s … Continue reading →

GBPUSD Movement On Friday, GBP declined 1.36% against the USD and closed at 1.5042, following BoE’s downbeat assessment of the nation’s inflation growth for the next 12 months. The BoE’s expectation for the UK inflation over the next 12 months … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.12% against the USD and closed at 1.5250. Yesterday, the BoE’s rate-setting Monetary Policy Committee held the central bank’s key interest rate unchanged at 0.5%, maintaining it at … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.62% against the USD and closed at 1.5269, following downbeat Markit services PMI data in the UK. Yesterday, Britain’s Markit services PMI unexpectedly dropped to a level of … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded a tad higher against the USD and closed at 1.5364, following upbeat Markit construction PMI data in the UK. Britain’s Markit construction PMI surprisingly surged to a 4-month … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.45% against the USD and closed at 1.5357, following mixed economic data in the UK. Britain’s seasonally adjusted Markit manufacturing PMI climbed more than expected to a 7-month … Continue reading →

GBPUSD Movement On Friday, GBP marginally rose 0.18%against the USD and closed at 1.5438. In economic news, Lloyds business barometer in the UK recorded a drop to a reading of 45.00. In the prior month, it had recorded a reading … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.77% against the USD and closed at 1.5410. Losses were kept in check, after Britain’s preliminary GDP grew 2.7% on an annual basis in 4Q 2014, in line … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.52% against the USD and closed at 1.5530, after number of mortgage approvals in the UK climbed for January, bolstering hopes that recovery in the nation’s housing market … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded a tad lower against the USD and closed at 1.5450. Yesterday, the BoE Governor, Mark Carney, stated that Britain’s low inflation was temporary and would likely return to … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.43% against the USD and closed at 1.5456. In economic news, the CBI distributive trade survey’s retail sales balance in the UK tumbled to 1.0 in February, the … Continue reading →