GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.06% against the USD and closed at 1.5627. In economic news, the UK monthly consumer prices advanced 0.1% in October, compared to a flat reading registered in the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.19% against the USD and closed at 1.5636, extending its earlier session losses. Yesterday, the UK Prime Minister, David Cameron stated that the world was on the verge … Continue reading →

GBPUSD Movement On Friday, GBP fell 0.17% against the USD and closed at 1.5680, after the UK’s construction output rose 1.8% on a monthly basis in September, lower than market expected increase of 4.0% and following a drop of 3.0% … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.38% against the USD and closed at 1.5707. Yesterday, the BoE’s Deputy Governor, Ben Broadbent reiterated that interest rate hike in the UK would be limited and gradual. … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.96% against the USD and closed at 1.5767, after the BoE in its recent quarterly inflation report forecasted Britain’s inflation rate to fall below 1.0% in the first … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.47% against the USD and closed at 1.5920, reversing its previous session losses. In the Asian session, at GMT0400, the pair is trading at 1.5911, with the GBP … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.27% against the USD and closed at 1.5846. Yesterday, the BoE Governor, Mark Carney stated that the world’s biggest banks should be holding buffer of bonds in case … Continue reading →

GBPUSD Movement On Friday, GBP rose 0.21% against the USD and closed at 1.5870. In economic news, the UK’s total trade deficit widened to £2.84 billion in September, from a revised total trade deficit of £1.77 billion registered in August, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.81% against the USD and closed at 1.5837. Yesterday, the BoE in a much expected move decided to keep its interest rates unchanged at a record low of … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.26% against the USD and closed at 1.5966, after the UK services PMI dropped to a level of 56.2 in October, marking its lowest reading since May 2013, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.19% against the USD and closed at 1.6007. In economic news, construction activity in Britain dropped to a 5-month low level of 61.4 in October, lower than market … Continue reading →