GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.65% against the USD and closed at 1.5672, following upbeat retail sales data in the UK. UK retail sales grew more than expected 6.9% on an annual basis, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 1.12% against the USD and closed at 1.5571, after the BoE minutes from its recent monetary policy meeting indicated that policymakers were of the view that the recent … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.67% against the USD and closed at 1.5748. Gains were kept in check following downbeat CPI data in the UK. Britain’s annual inflation rate eased more than expected … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.56% against the USD and closed at 1.5643. On the macro front, the CBI trends selling prices in the UK recorded an unexpected rise to a level of … Continue reading →

GBPUSD Movement On Friday, GBP declined 0.15% against the USD and closed at 1.5708, after construction output in the UK surprisingly eased 2.2% on a monthly basis in October, following a revised gain of 2.2% registered in the prior month. … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.09% against the USD and closed at 1.5732, extending its previous session gains. Yesterday, the OECD forecasted an optimistic economic outlook for the UK economy in 2015 and … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.5717, after Britain’s total trade deficit dropped more than anticipated to £2.02 billion in October, compared to a revised deficit of … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.5676, after NIESR reported that Britain’s GDP rose 0.7% in the three months ended November, compared to a similar growth registered … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.58% against the USD and closed at 1.5656, after the Lloyds employment confidence index in the UK rose to 1.0 in November, compared to a level of 0.0 … Continue reading →

GBPUSD Movement On Friday, GBP marginally declined 0.56% against the USD and closed at 1.5584, after the BoE in its latest survey reported that the UK’s consumer inflation expectations for the next 12 months registered a drop to 2.5%, compared … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.08% against the USD and closed at 1.5672. The BoE’s rate-setting panel kept its benchmark interest rate on hold at a record low of 0.5%. Additionally, the central … Continue reading →