For the 24 hours to 23:00 GMT, GBP rose 0.53% against the USD and closed at 1.6562, after the National Statistics reported that the ILO unemployment rate in the UK declined to 7.1% in the three months to November, more … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.29% against the USD and closed at 1.6474, after the International Monetary Fund (IMF) endorsed the Bank of England (BoE)’s accommodative monetary policy and projected the Britain economy to … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP marginally rose against the USD and closed at 1.6426, buoyed by Britain’s house prices, which rose at the fastest pace since November 2007. However, the UK Pound gave up ground … Continue reading →

GBPUSD Movement On Friday, GBP rose 0.38% against the USD and closed at 1.6409, after data revealed that the retail sales in the UK increased at the fastest monthly pace since June 2008. According to the Office for National Statistics, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.09% against the USD and closed at 1.6347. In the Asian session, at GMT0400, the pair is trading at 1.6332, with the GBP trading 0.09% lower from yesterday’s close. … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.44% against the USD and closed at 1.6361, after the Bank of England (BoE) Governor, Mark Carney, played down speculations of an interest-rate hike, by stating that a rate … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.27% against the USD and closed at 1.6433. The UK inflation unexpectedly slowed its annual pace in December, matching the Bank of England (BoE)’s target for first time in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.62% against the USD and closed at 1.6391, ahead of UK consumer inflation data, scheduled for release later today. In the UK, the Lloyds Bank’s employment confidence index rose … Continue reading →

GBPUSD Movement On Friday, GBP fell marginally against the USD and closed at 1.6474, as traders refrained from taking major bets in the Pound, following the latest batch of downbeat economic releases from the UK economy. Data revealed that industrial … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.20% against the USD and closed at 1.6478, after the UK National Statistics reported that trade deficit in the nation narrowed to £9.439 billion in November, from a deficit … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.28% against the USD and closed at 1.6445, despite the mortgage lender, Halifax indicating that the British house prices fell unexpectedly last month, the first drop since the start … Continue reading →