GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.31% against the USD and closed at 1.5685, following stronger than expected services PMI data in the UK. The UK services PMI rose to a level of 58.6 … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.60% against the USD and closed at 1.5636, following dismal construction PMI data figure in the UK. The nation’s construction PMI fell more-than-expected to 59.4 in November, marking … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.63% against the USD and closed at 1.5731, following an upbeat manufacturing PMI data in the UK. The manufacturing PMI in the UK surprisingly climbed to 53.5 in … Continue reading →

GBPUSD Movement On Friday, GBP fell 0.60% against the USD and closed at 1.5630. On the macro front, the UK’s seasonally adjusted Nationwide house prices advanced 0.3% on a monthly basis, posting its second-consecutive month rise in November, at par … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.43% against the USD and closed at 1.5724. In economic news, the UK’s Lloyds business barometer rose to a level of 42.0 in November, up from previous month’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.53% against the USD and closed at 1.5792, amid a broad weakness in the greenback. In economic news, the second estimate of GDP in the UK grew 0.7% … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded marginally higher against the USD and closed at 1.5708. In economic news, the UK’s BBA mortgage approvals dropped more than expected to a 17-month low of 37.1 K … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.34% against the USD and closed at 1.5705, reversing its previous session losses. In the Asian session, at GMT0400, the pair is trading at 1.5675, with the GBP … Continue reading →

GBPUSD Movement On Friday, GBP fell 0.28% against the USD and closed at 1.5647. In economic news, the UK’s public sector net borrowing registered a surplus of £7.1 billion in October, compared to a revised surplus of £10.6 billion in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.09% against the USD and closed at 1.5691, following stronger than expected monthly retail sales in the UK. Britain’s retail sales rose 0.8% on a monthly basis in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.32% against the USD and closed at 1.5677. Yesterday, the BoE minutes from its most recent monetary policy meeting showed that seven policymakers were in favour of keeping … Continue reading →