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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly declined against the USD and closed at 1.3142. In the Asian session, at GMT0400, the pair is trading at 1.3151, with the GBP trading 0.07% higher against the … Continue reading

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GBP/USD: UK’s Halifax house prices advanced in the three months ended November

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.17% against the USD and closed at 1.3136 on Friday. In economic news, UK’s Halifax house prices rose 2.1% on a yearly basis in the September-November 2019 period, … Continue reading

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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 0.40% against the USD and closed at 1.3159, amid growing optimism over Conservative Party’s win in the upcoming general elections. In the Asian session, at GMT0400, the pair … Continue reading

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GBP/USD: UK’s services sector activity contracted in November

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.84% against the USD and closed at 1.3107, as polls indicated that Prime Minister Boris Johnson’s Conservative Party would outright majority in next week’s general election. In economic … Continue reading

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GBP/USD: UK’s construction PMI advanced in November

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.44% against the USD and closed at 1.2998. On the data front, UK’s construction PMI rose to a level of 45.3 in November, surpassing market expectations for an … Continue reading

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GBP/USD: UK’s manufacturing PMI declined for the seventh consecutive month in November

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.22% against the USD and closed at 1.2941. In economic news, UK’s final manufacturing PMI dropped to a level of 48.9 in November, declining for the seventh consecutive … Continue reading

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GBP/USD: UK’s consumer credit advanced in October

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.19% against the USD and closed at 1.2935 on Friday. Data indicated that UK’s consumer credit climbed to £1.3 billion in October, surpassing market forecast for a rise … Continue reading

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GBP/USD: Nationwide house prices advanced in November

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.28% against the USD and closed at 1.2911. Data showed that UK’s seasonally adjusted Nationwide house prices advanced 0.5% on a monthly basis in November, more than market … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.65% against the USD and closed at 1.2947. In the Asian session, at GMT0400, the pair is trading at 1.2928, with the GBP trading 0.15% lower against the … Continue reading

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GBP/USD: UK’s BBA mortgage approvals fell to a 7-month low level in October

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.29% against the USD and closed at 1.2863, after two polls revealed that the Conservative Party’s lead narrowed before the December election. In economic news, UK’s BBA mortgage … Continue reading

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GBP/USD: British Pound trading a tad lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.42% against the USD and closed at 1.2901, as poll suggested that the ruling Conservatives lead as runaway favourites. In the Asian session, at GMT0400, the pair is … Continue reading

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