GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.26% against the USD and closed at 1.2502 on Friday. Data indicated that UK’s public sector net borrowing rose sharply to £7.2 billion in June, hitting its highest … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.82% against the USD and closed at 1.2535. On the data front, UK’s retail sales unexpectedly rose 1.0% on a monthly basis in June, defying market expectations for … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.19% against the USD and closed at 1.2433. Data showed that UK’s consumer price index (CPI) advanced 2.0% on an annual basis in June, in line with market … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.88% against the USD and closed at 1.2409, amid growing concerns of a no-deal Brexit. On the data front, UK’s ILO unemployment rate remained unchanged at a 44-year … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.36% against the USD and closed at 1.2519. In the Asian session, at GMT0300, the pair is trading at 1.2516, with the GBP trading marginally lower against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.36% against the USD and closed at 1.2573 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2568, with the GBP trading slightly lower … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.2528. The Bank of England (BoE), in its semi-annual Financial Stability Report (FSR), warned that the increasing likelihood of a no-deal … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.39% against the USD and closed at 1.2509, following an improvement in UK’s economic growth. In the UK, gross domestic product (GDP) rose 0.3% on a monthly basis … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.46% against the USD and closed at 1.2461. In the Asian session, at GMT0300, the pair is trading at 1.2454, with the GBP trading 0.06% lower against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.06% against the USD and closed at 1.2518. Data indicated that UK’s BRC sales like-for-like dropped 1.6% on an annual basis in June, more than market consensus for … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.46% against the USD and closed at 1.2524 on Friday. Data indicated that UK’s Halifax house price index fell 0.3% on a monthly basis in June. The index … Continue reading →