GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded marginally lower against the USD and closed at 1.5976, despite the UK registering upbeat manufacturing PMI data in October. Manufacturing activity in Britain unexpectedly expanded to a 3-month … Continue reading →

GBPUSD Movement On Friday, GBP traded a tad higher against the USD and closed at 1.5999. The BoE’s Financial Policy Committee imposed a milder regulatory leverage ratio for the UK bank at a lower than expected level, which would come … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.11% against the USD and closed at 1.5995. In economic news, the UK Nationwide house prices unexpectedly rose 0.5% on a monthly basis in October, higher than market … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.75% against the USD and closed at 1.6013, after the UK mortgage approvals dropped more than expected to 61.3 K, marking its lowest level since July 2013 and … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.12% against the USD and closed at 1.6134, continuing with its previous session gains. Yesterday, the BoE’s Deputy Governor, Jon Cunliffe stated that despite the UK economic recovery … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.14% against the USD and closed at 1.6115, after the CBI reported that the UK retail sales held steady at 31.0 in October, higher than market expectations for … Continue reading →

GBPUSD Movement On Friday, GBP rose 0.31% against the USD and closed at 1.6085, after the UK’s GDP grew 0.7% on a quarterly basis in 3Q 2014, in line with market estimates. The nation’s economy had risen 0.9% in the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.07% against the USD and closed at 1.6035, after retail sales in the UK eased 0.3% on a monthly basis in September, higher than market expectations for a … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.40% against the USD and closed at 1.6046, after the minutes of the BoE’s latest policy meeting revealed that majority of the policymakers voted to keep the interest … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.30% against the USD and closed at 1.6110, after the UK’s public sector net borrowing rose to £11.1 billion in September, following a revised public sector net borrowing … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.44% against the USD and closed at 1.6158. Yesterday, a private survey in the UK revealed that an interest rate hike move by the BoE was very unlikely … Continue reading →