GBPUSD Movement On Friday, GBP fell 0.14% against the USD and closed at 1.6638 after data showed that the UK retail sales fell more-than-expected 1.5% (MoM) in January, the most since 2012 and compared to a 2.5% (MoM) rise registered … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.1% against the USD and closed at 1.6662. However, the losses in the British Pound were kept in check after the Bank of England (BoE) policymaker, Martin Weale hinted … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally fell against the USD and closed at 1.6677, after data revealed that the UK unemployment rate unexpectedly rose in the three months to December. The ILO unemployment rate … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.22% against the USD and closed at 1.6682, after data showed that the annual inflation rate in the nation fell below the BoE’s target level for the first time … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.26% against the USD and closed at 1.6719. Yesterday, the Bank of England (BoE) policy-maker, David Miles, hinted that interest rates in the nation would not remain at current … Continue reading →

GBPUSD Movement On Friday, GBP rose 0.48% against the USD and closed at 1.6737. The US Dollar lost ground against the British Pound after data showed that the US industrial production unexpectedly dropped 0.3% (MoM) in January, failing to meet … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.28% against the USD and closed at 1.6656, benefiting from comments of Bank of England (BoE) Chief Economist, Spencer Dale, who opined that, given the current economic outlook, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.98% against the USD and closed at 1.6609, after the Bank of England (BoE), in its quarterly inflation report, raised its growth-forecast on Britain’s economy and hinted that the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.26% against the USD and closed at 1.6448. However the gains in the UK Pound were capped as the US Dollar advanced after the Fed Chief, Janet Yellen hinted … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6406. In economic news, the Lloyds employment confidence index in the UK improved to a reading of -2.0 in January, from a … Continue reading →

GBPUSD Movement On Friday, the GBP rose 0.53% against the USD and closed at 1.6408 as investors sold the greenback after the US non-farm payrolls data failed to meet market expectations for January. In other economic news, the UK industrial … Continue reading →