GBP/USD: British Pound trading a tad higher in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.22% against the USD and closed at 1.2999. In the Asian session, at GMT0400, the pair is trading at 1.3000, with the GBP trading slightly higher against the … Continue reading

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GBP/USD: British Pound trading higher in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.55% against the USD and closed at 1.2941, amid fears that UK would leave the European Union without a deal. In the Asian session, at GMT0400, the pair … Continue reading

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GBP/USD: Britain’s economy grew faster than initially estimated in the third quarter

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP stood at 1.3011 against the USD on Friday. Data showed that UK’s gross domestic product climbed 0.4% on a quarterly basis in 3Q 2019, slightly faster than the 0.3% … Continue reading

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GBP/USD: BoE kept its interest rate unchanged at 0.75%

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.55% against the USD and closed at 1.3011, as Brexit worries outweighed Bank of England’s rate view. On the macro front, UK’s retail sales unexpectedly fell 0.6% on … Continue reading

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GBP/USD: UK’s consumer prices increased at a steady pace in November

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.37% against the USD and closed at 1.3083, as uncertainties surrounding Brexit resurfaced following discussions over fresh Brexit deadline. In economic news, UK’s consumer price index rose 1.5% … Continue reading

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GBP/USD: UK’s ILO unemployment rate remained steady at a 45-year low in the three months ended October

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.14% against the USD and closed at 1.3131, after Prime Minister, Boris Johnson’s hard line in talks with the European Union stoked fears of a hard Brexit. Data … Continue reading

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GBP/USD: UK’s manufacturing PMI fell to a 41-month low in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.79% against the USD and closed at 1.3283, following reports that Britain’s Prime Minister Boris Johnson is likely to delay Brexit deadline to 31 December 2020. In economic … Continue reading

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GBP/USD: UK’s Rightmove house price index advanced in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.05% against the USD and closed at 1.3337 on Friday. On the data front, the Bank of England (BoE) reports that it expects consumer inflation expectations to advance … Continue reading

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GBP/USD: British Pound extends its gains in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.81% against the USD and closed at 1.3465, as Conservative Party’s lead towards winning UK elections escalated fuelling bid for an orderly Brexit. In the Asian session, at … Continue reading

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GBP/USD: British pound trading higher in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.48% against the USD and closed at 1.3197. In the Asian session, at GMT0400, the pair is trading at 1.3222, with the GBP trading 0.19% higher against the … Continue reading

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GBP/USD: Britain’s economy grew at its slowest annual pace in October

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.3114. On macro front, UK’s gross domestic product (GDP) remained flat in the three months to October, marking its slowest economic … Continue reading

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