GBPUSD Movement On Friday, GBP marginally declined 0.08% against the USD and closed at 1.6089. The BoE’s policymaker, Andrew Haldane remained pessimist about the UK economy and opined that given the current economic outlook of the nation, the central bank … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.67% against the USD and closed at 1.6102. Yesterday, the BoE Deputy Governor, Jon Cunliffe stated that new regulations governing banks and financial institutions must be applied consistently … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.65% against the USD and closed at 1.5995, after the UK’s ILO unemployment rate dropped to 6.0%, marking its lowest level since October 2008, for the three months … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 1.13% against the USD and closed at 1.5891, after consumer price index in the UK remained flat on a monthly basis in September, registering its lowest rate since … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.11% against the USD and closed at 1.6073. In economic news, the Lloyds employment confidence index in the UK jumped to a level of 10.0 in September, after … Continue reading →

GBPUSD Movement On Friday, GBP marginally declined 0.37% against the USD and closed at 1.6059, after Britain’s construction output unexpectedly declined 0.3% on an annual basis in August, less than market expectations for a rise of 2.9% and compared to … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.27% against the USD and closed at 1.6118, after the UK Chancellor, George Osborne expressed concerns that faltering Euro-zone economy was weighing badly on the British economy. Yesterday, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.39% against the USD and closed at 1.6161, after the Halifax house price index in Britain advanced 0.6% on a monthly basis in September, exceeding market expectations for … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.6098, after a leading think tanker NIESR in its monthly GDP estimate reported that the UK economy grew 0.7% % for … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.75% against the USD and closed at 1.6077. In economic news, new car registrations in the UK registered a rise of 5.6%, on an annual basis, in September. … Continue reading →

GBPUSD Movement On Friday, GBP declined 1.07% against the USD and closed at 1.5976, after data revealed that the UK services PMI eased to a 3-month low in September to 58.7, lower than market expectations of a fall to 59.0 … Continue reading →