GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.19% against the USD and closed at 1.6389, after the UK construction activity surged to a level of 62.6 in November, from October’s 59.4. In the Asian session, at … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.11% against the USD and closed at 1.6360, despite data revealing that the manufacturing activity in the region rose to 58.4 in November, from a revised reading of 56.5 … Continue reading →

GBPUSD Movement On Friday, GBP rose 0.13% against the USD and closed at 1.6361, as investors continued to cheer the Bank of England’s (BoE) decision to head off the risk of a housing bubble in Britain, on Thursday. Meanwhile, on … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.36%, for the third day against the USD and closed at 1.6341, after the Bank of England (BoE) stated that its Funding for Lending Scheme (FLS) would cease to … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.46% against the USD and closed at 1.6284, after a government report confirmed that the UK’s gross domestic product (GDP) rose 1.5% (YoY) in the third quarter, in line … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.24% against the USD and closed at 1.6209. However, the gains were capped after the Bank of England (BoE) Chief, Mark Carney, appearing before the Commons Treasury Committee, citied … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.38% against the USD and closed at 1.6170, as an unexpected fall in the number of British Bankers’ Association’s (BBA) mortgage approvals during October, fuelled concerns on the recovery … Continue reading →

GBPUSD Movement On Friday, GBP rose 0.20% against the USD and closed at 1.6213. However, the gains in the UK Pound were capped after the Bank of England’s (BoE) Chief Economist, Spencer Dale, warned that that the recovery in the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.51% against the USD and closed at 1.6180, after the Confederation of British Industry (CBI) reported better-than-expected UK’s industrial output for November, highest level since 1995. According to the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.24% against the USD and closed at 1.6098, after the minutes from the Bank of England’s (BoE) latest policy meeting revealed that the Monetary Policy Committee (MPC) voted unanimously … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.14% against the USD and closed at 1.6136. The US Dollar gave up ground against its UK counterpart after Chicago Fed President, Charles Evans suggested that the central bank … Continue reading →