GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.32% against the USD and closed at 1.6801, after an official data showed that total trade deficit in the UK narrowed more-than-expected to £2.06 billion in February, compared to … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.86% against the USD and closed at 1.6750 after the IMF raised its forecast on the UK economic growth for the second time this year, by stating that the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.17% against the USD and closed at 1.6608, in a subdued trading session on Monday. Yesterday, the Office for National Statistics noted that despite the recent substantial GDP growth, … Continue reading →

GBPUSD Movement On Friday, GBP fell 0.12% against the USD and closed at 1.6578, after the UK, mortgage lender, Halifax reported that house prices fell 1.1% (MoM) in March, their biggest fall in nearly two years, compared to a revised … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.16% against the USD and closed at 1.6599, after Markit Economics reported that its PMI for the UK’s service sector fell to a 9-month low reading of 57.6 in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally fell against the USD and closed at 1.6627 after official data showed that construction PMI for the UK economy edged down to a reading of 62.5 in March, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.21% against the USD and closed at 1.6630, after data showed that the UK Markit manufacturing PMI fell to a 8-month low reading of 55.3 in March, contradicting market … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.10% against the USD and closed at 1.6665. The US Dollar came under pressure, following the Fed Chief, Janet Yellen’s dovish comments on the prevailing conditions in the US … Continue reading →

GBPUSD Movement On Friday, the GBP rose 0.23% against the USD and closed at 1.6645, as UK’s fourth-quarter GDP revised data came in-line with market estimates. UK GDP rose 2.7% (YoY) in the fourth-quarter, following a 1.9% increase registered in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.17% against the USD and closed at 1.6607, after an upbeat rise in the UK retail sales data fuelled optimism on the recovery of the nation’s economy. Data showed … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.27% against the USD and closed at 1.6578, after a Bank of England (BoE) policymaker, Martin Weale projected interest rates in the nation to gradually rise to a more … Continue reading →