GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.19% against the USD and closed at 1.5547, as an upbeat UK manufacturing PMI data boosted confidence in the recovery of the economy. The Markit manufacturing PMI for the … Continue reading →

GBPUSD Movement On Friday, GBP marginally fell against the USD and closed at 1.5495, as strong US consumer sentiment data spurred fresh speculation on Fed’s pace of stimulus measures. Negative sentiment was also fuelled as lingering concern over a possible … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.12% against the USD and closed at 1.5507 as investors favoured the greenback after data indicated that jobless claims in the world’s largest economy declined during the last week … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.12% against the USD and closed at 1.5527 after the Bank of England Governor, Mark Carney, stated that further stimulus measures could be added to boost economic recovery in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.24% against the USD and closed at 1.5545. In the US, an official report showed that the nation’s consumer confidence rose to a reading of 81.5 during August, defying … Continue reading →

  For the 24 hours to 23:00 GMT, GBP edged up slightly against the USD and closed at 1.5583, taking its cues from Friday’s report that showed that the UK’s GDP rose 0.7% (QoQ) during the second quarter, surpassing analysts’ … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.13% against the USD and closed at 1.5596, after recent Fed minutes showed a broad consensus among policymakers for a gradual reduction of bond purchases later this year, if the … Continue reading →

For the 24 hours to 23:00 GMT, GBP declined 0.29% against the USD and closed at 1.5617, after Fed’s minutes indicated that the policy-makers might slowdown the pace of its stimulus measures later this year. Meanwhile in the UK, public … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose 0.11% against the USD and closed at 1.5664, as investors’ awaited minutes from the Federal Reserve’s latest meeting on monetary policy, hoping that clues may be offered as to when … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose 0.15% against the USD and closed at 1.5647 as investors continued to cheer UK’s previous week upbeat jobless claim and retail sales data. Moreover, the recent flurry of positive economic … Continue reading →

On Friday, GBP rose marginally against the USD and closed at 1.5641. In the Asian session, at GMT0300, the pair is trading at 1.5625, with the GBP trading slightly lower from Friday’s close. Data released this morning indicated that the … Continue reading →