GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.11% against the USD and closed at 1.6888. Yesterday, the Nationwide reported that on a monthly basis, the seasonally adjusted house prices in the UK climbed 0.1% in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.22% against the USD and closed at 1.6907. The greenback continued to remain supported following the Fed’s monetary policy meeting and upbeat economic growth data from the US. … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.22% against the USD and closed at 1.6944. However, data revealed that the number of mortgage approvals for house purchases in the UK rose to 67.2K in June, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose tad higher against the USD and closed at 1.6982, reversing its initial losses after the IMF raised concerns over the strength of the British Pound, which may hinder … Continue reading →

GBPUSD Movement On Friday, the GBP marginally declined against the USD and closed at 1.6980, despite data indicated that the recovery in the British economy is on track. Official data released indicated that GDP rose 0.8% in Q2, on a … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.28% against the USD and closed at 1.6988, following downbeat retail sales data from the UK. Official data revealed that retail sales rose 0.1% in June, on a … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.18% against the USD and closed at 1.7036, after the Bank of England in its minutes of its latest meeting failed to provide any insights on the probable … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally fell against the USD and closed at 1.7067. In economic news, official data revealed that public sector net borrowing surplus in the UK fell to £9.5 billion in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.09% against the USD and closed at 1.7073. Yesterday, a private survey by the Ernst and Young Item Club projected the UK economy to grow by 3.1% this … Continue reading →

GBPUSD Movement On Friday, GBP marginally fell against the USD and closed at 1.7089. Over the weekend, property tracking website, Rightmove, indicated that the average asking price for a house in the UK fell 0.8% in July, its fist decline … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.27% against the USD and closed at 1.7092. Yesterday, a private survey conducted by Reuters, revealed that the BoE is expected to raise its key rates from their … Continue reading →