GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.23% against the USD and closed at 1.6535. However, the GBP initially came under pressure, after an official report showed that UK’s annual consumer inflation rate fell to 1.7% … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.6497, amid a lack of major economic releases from the UK. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

GBPUSD Movement On Friday, GBP fell 0.07% against the USD and closed at 1.6495. In economic news, official data showed that, due to excessive spending on government departments and a fall in receipts, the UK public sector net borrowings totalled … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.16% against the USD and closed at 1.6507, as the US Dollar continued to benefit from the Fed’s previous day’s decision to taper the size of its asset-purchase programme … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.37% against the USD and closed at 1.6535, as the latter advanced after the US Fed policymakers decided to trim the size of the central bank’s stimulus package by … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.26% against the USD and closed at 1.6596, after Ukraine remained firm on its view that the Crimea peninsula would continue to be part of its country, suggesting more … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP marginally fell against the USD and closed at 1.6639, as the latter advanced following an upbeat US industrial production data. However, the gains in the greenback were somewhat pared after … Continue reading →

GBPUSD Movement On Friday, GBP marginally rose against the USD and closed at 1.6628, as the latter declined following a downbeat consumer sentiment data. Meanwhile, the British Pound lost ground after an official data revealed that the total trade deficit … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP marginally rose against the USD and closed at 1.6622, amid lingering speculation that strong recovery in the UK economy could facilitate an interest rate hike sooner-than-expected. However, the gains in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6618, as traders searched for short-term direction in the pair amid lack of economic news from the UK. Yesterday, BoE Deputy Governor, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.10% against the USD and closed at 1.6621, after the Bank of England (BoE) Governor, Mark Carney dampened expectations for rate hike in the near future, to prevent the … Continue reading →