GBPUSD Movement On Friday, GBP marginally rose 0.18% against the USD and closed at 1.6716, as the British economy maintained its momentum in the second quarter of 2014, registering a 0.8% quarterly growth in the April-June quarter, mirroring a similar … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell marginally against the USD and closed at 1.6686. In the Asian session, at GMT0300, the pair is trading at 1.6686, with the GBP trading flat from yesterday’s close. … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP weakened 0.72% against the USD and closed at 1.6689, after the Bank of England (BoE) Governor, Mark Carney, in its August inflation report, he won’t rush to raise interest … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.14% against the USD and closed at 1.6810 In the Asian session, at GMT0300, the pair is trading at 1.6804, with the GBP trading a tad lower from … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded marginally higher against the USD and closed at 1.6786. In economic news, the CB leading economic index in the UK rose at a faster rate in June, recording … Continue reading →

GBPUSD Movement On Friday, GBP declined 0.32% against the USD and closed at 1.6778, after the release of downbeat trade balance data from the UK. Official data showed that the British trade deficit widened to £9.41 billion in June, from … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.12% against the USD and closed at 1.6832. The Bank of England (BoE) left its benchmark interest rate unchanged at a record-low level of 0.5%, the level it … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.17% against the USD and closed at 1.6852 after NIESR reported that UK’s GDP grew by 0.6% in the three months to July, making it the slowest rise … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.11% against the USD and closed at 1.6880, following upbeat UK services PMI. The UK Markit services PMI jumped surprisingly to an 8-month high reading of 59.1 in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.26% against the USD and closed at 1.6861 following upbeat UK construction PMI data. The British construction sector activity expanded at a faster rate than expected to a … Continue reading →

GBPUSD Movement On Friday, GBP declined 0.41% against the USD and closed at 1.6818 after the UK’s factory activity expanded at a slower-than-expected rate. The manufacturing PMI declined to a reading of 55.4 in July. Market expectations were in line … Continue reading →