GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.70% against the USD and closed at 1.5144, following downbeat services PMI data in the UK. Britain’s services PMI slipped to 19-month low level of 55.8 in December … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.18% against the USD and closed at 1.5252, following disappointing construction PMI data in the UK. Britain’s construction PMI decreased to its lowest level since July 2013 to … Continue reading →

GBPUSD Movement On Friday, the GBP declined 1.59% against the USD and closed at 1.5332, following the release of downbeat manufacturing PMI in the UK. The UK manufacturing PMI unexpectedly eased to a 3-month low level of 52.5 in December … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.5580. Yesterday, the UK Prime Minister, David Cameron urged the nation to support the Conservatives’ in next May’s general election, as … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.29% against the USD and closed at 1.5560. On the macro front, Nationwide reported that the seasonally adjusted UK house prices rose 0.20% on a monthly basis in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.29% against the USD and closed at 1.5514. Yesterday, the BoE’s Chief Economist Andy Haldane indicated that the central bank has formed a special taskforce to keep a … Continue reading →

GBPUSD Movement On Friday, GBP marginally declined against the USD and closed at 1.5555. Last week, the Centre for Economics and Business Research (CEBR) revealed that the UK economy has overtaken France to become the world’s fifth largest economy. Furthermore, … Continue reading →

GBPUSD Movement On Friday, GBP marginally declined against the USD and closed at 1.5555. Last week, the Centre for Economics and Business Research (CEBR) revealed that the UK economy has overtaken France to become the world’s fifth largest economy. Furthermore, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.42% against the USD and closed at 1.5517, following downbeat economic releases from the UK. The Pound came under pressure after Britain’s GDP rose less than expected 2.6% … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.26% against the USD and closed at 1.5583. Yesterday, BoE’s Martin Weale projected wages to rise in the UK in 2015 and more permanent jobs to be created, … Continue reading →

GBPUSD Movement On Friday, GBP marginally declined 0.24% against the USD and closed at 1.5635. In economic news, public sector net borrowing in the UK advanced to £13.40 billion in November, as compared to a revised surplus of £6.40 billion … Continue reading →