GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.27% against the USD and closed at 1.6148, after the BoE policymaker Ben Broadbent indicated that the UK is not ready for an increase in the interest rates … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.14% against the USD and closed at 1.6192, after the UK reported downbeat manufacturing PMI. The nation’s manufacturing PMI unexpectedly eased to 51.6 in September, registering its slowest … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.17% against the USD and closed at 1.6215, despite data revealing that the UK economy grew 0.9%, on a quarterly basis, in 2Q 2014, exceeding market expectations for … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.06% against the USD and closed at 1.6243. In economic news, net consumer credit in the UK advanced by £0.9 billion in August, more than market expectations of … Continue reading →

GBPUSD Movement On Friday, GBP marginally declined 0.48% against the USD and closed at 1.6246. In the Asian session, at GMT0300, the pair is trading at 1.6233, with the GBP trading 0.08% lower from Friday’s close. The pair is expected … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded tad lower against the USD and closed at 1.6325. Yesterday, the BoE Governor, Mark Carney, stated that the central bank is inching closer towards an interest rate hike, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.37% against the USD and closed at 1.6331. In the Asian session, at GMT0300, the pair is trading at 1.6321, with the GBP trading 0.06% lower from yesterday’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.6391. In economic news, the UK mortgage approvals registered an unexpected drop to a level of 41.6K in August, lower than … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.29% against the USD and closed at 1.6367. In the Asian session, at GMT0300, the pair is trading at 1.6382, with the GBP trading 0.09% higher from yesterday’s … Continue reading →

GBPUSD Movement On Friday, GBP declined 0.82% against the USD and closed at 1.6299. In a historic event, Scotland rejected independence and voted to remain in the UK. Separately, global rating agency, Moody’s confirmed its “Aa1” rating for the UK, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.13% against the USD and closed at 1.6434, after the UK retail sales advanced 0.4%, on a monthly basis, in August, exceeding market expectations for a gain of … Continue reading →