GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally fell against the USD and closed at 1.7139, despite data indicating a better than expected employment data from the UK. The unemployment rate in the UK dropped to … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.31% against the USD and closed at 1.7142, after the UK inflation data rose 1.9% on a yearly basis in June, closer to the BoE’s 2% target and … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.19% against the USD and closed at 1.7089. In the Asian session, at GMT0300, the pair is trading at 1.7079, with the GBP trading 0.06% lower from yesterday’s … Continue reading →

GBPUSD Movement On Friday, GBP marginally fell against the USD and closed at 1.7121, after the construction output in the UK unexpectedly shrank in May, adding to speculation that the pace of recovery in the nation has declined. The construction … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.15% against the USD and closed at 1.7129, after trade deficit in the UK unexpectedly widened to £2.4 billion in May, raising fears that the strength of the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.7154, after Bank of England’s new policy committee member and head of banking and markets, Nemat Shafik, said that the slack … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.12% against the USD and closed at 1.7134, after disappointing industrial and manufacturing data from the UK. The industrial production in the UK declined 0.7% (M-o-M) in May, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.12% against the USD and closed at 1.7134. However, losses were kept in check, as the currency continued to enjoy support amid moutning expectations that the BoE would … Continue reading →

GBPUSD Movement On Friday, GBP marginally rose against the USD and closed at 1.7155. Over the weekend, a private research revealed that the UK may overtake France to become the second largest economy in Europe and the fifth largest in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP marginally fell against the USD and closed at 1.7153, after data revealed that the nation’s dominant services sector dropped to a 3-month low level of 57.7 in June, compared to … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.07% against the USD and closed at 1.7161, after data showed that UK construction PMI rose more-than-expected to a four-month high reading of 62.6 in June, from a … Continue reading →