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GBP/USD: British Pound trading a tad lower in the morning session
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.35% against the USD and closed at 1.2435. In the Asian session, at GMT0300, the pair is trading at 1.2432, with the GBP trading slightly lower against the … Continue reading
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GBP/USD: Sterling reverses its losses in the Asian session
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.43% against the USD and closed at 1.2468 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2485, with the GBP trading 0.14% higher … Continue reading
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GBP/USD: BoE left its key interest rates steady at 0.75%
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.37% against the USD and closed at 1.2522, after the European Commission President, Jean-Claude Juncker, stated that a Brexit deal is possible before the deadline. The Bank of … Continue reading
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GBP/USD: UK’s inflation slowed to its lowest level in three years in August
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.19% against the USD and closed at 1.2476, following weaker than expected UK inflation data. In economic news, UK’s consumer price inflation slowed to 1.7% on an annual … 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 0.59% against the USD and closed at 1.2500, afters the Supreme Court heard a case over whether British Prime Minister, Boris Johnson’s decision to suspend Parliament, ahead of … Continue reading
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GBP/USD: Pound extends its losses in the morning session
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.43% against the USD and closed at 1.2427, after Luxembourg Prime Minister, Xavier Bettel, stated that he would only delay the Brexit deadline if it serves a purpose. … Continue reading
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GBP/USD: UK’s Rightmove house price index declined in September
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.30% against the USD and closed at 1.2492 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2475, with the GBP trading 0.14% lower … Continue reading
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GBP/USD: Sterling trading a tad higher in the Asian session
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly rose against the USD and closed at 1.2332. In the Asian session, at GMT0300, the pair is trading at 1.2334, with the GBP trading marginally higher against the … Continue reading
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GBP/USD: UK’s RICS house price balance rose in August
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.21% against the USD and closed at 1.2328. In the Asian session, at GMT0300, the pair is trading at 1.2329, with the GBP trading marginally higher against the … Continue reading
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GBP/USD: UK’s ILO unemployment rate unexpectedly fell to its lowest level since 1974 in three months ended July 2019
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.06% against the USD and closed at 1.2354. On the data front, UK’s ILO unemployment rate unexpectedly eased to 3.8% in the May-July 2019 period, declining to its … Continue reading
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GBP/USD: UK’s gross domestic product expanded in July
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.51% against the USD and closed at 1.2347, as fears of recession eased following positive GDP data. In economic news, UK’s gross domestic product (GDP) advanced 0.3% on … Continue reading
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