GBPUSD Movement For the 24 hours to 23:00 GMT, GBP ended the day almost flat against the USD and closed at 1.6114, as traders refrained from taking riskier bets amid lack of major economic releases from the UK. Meanwhile, the … Continue reading →

GBPUSD Movement On Friday, GBP rose 0.34% against the USD and closed at 1.6108, after the Bank of England (BoE) policymaker, Martin Weale, stated that the central bank might consider raising its record-low 0.5% interest rate once unemployment rate in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.06% against the USD and closed at 1.6054, buoyed by the Bank of England (BoE) policymaker, Paul Fisher’s comments that he had no plans to renew his call for … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.97% against the USD and closed at 1.6044, after the Bank of England (BoE) Governor, Mark Carney, stated that economic recovery in Britain has “finally taken hold”, adding that … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.61% against the USD and closed at 1.5890, hurt by a lacklustre growth in the UK’s consumer price index for October. UK’s consumer inflation rate rose to 2.2% (YoY) … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.10% against the USD and closed at 1.5987, on a quiet trading day amid lack of economic releases from the UK. In the Asian session, at GMT0400, the pair … Continue reading →

GBPUSD Movement On Friday, GBP fell 0.57% against the USD and closed at 1.5996, as the latest batch of dismal economic releases in the UK weighed on the recovery prospect of the Britain economy. In the UK, a report showed … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.6090, as investors reacted positively to Bank of England’s (BoE) decision to keep its interest rate unchanged at a record low 0.5% … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.24% against the USD and closed at 1.6084, as the latest batch of upbeat industrial and manufacturing output data, strengthened the recovery prospect of the UK economy. Industrial production … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.47% against the USD and closed at 1.6046 as investors cheered an upbeat growth in the UK’s service sector during October. CIPS/Markit Economics reported that the UK service PMI … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.30% against the USD and closed at 1.5971 as upbeat UK construction PMI bolstered investors’ confidence in the recovery of the Britain economy. The report showed that the UK’s … Continue reading →