GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.2700. On the data front, UK’s construction PMI unexpectedly contracted to a level of 48.6 in May, declining to its lowest … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.2666. Data indicated that UK’s manufacturing PMI contracted to a level of 49.4 in May, declining to its lowest level since … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.25% against the USD and closed at 1.2641 on Friday. On the data front, UK’s seasonally adjusted Nationwide house prices index unexpectedly declined 0.2% on a monthly basis … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.15% against the USD and closed at 1.2610, amid ongoing Brexit uncertainties. In the Asian session, at GMT0300, the pair is trading at 1.2612, with the GBP trading … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.22% against the USD and closed at 1.2629, amid ongoing Brexit uncertainty. In the Asian session, at GMT0300, the pair is trading at 1.2628, with the GBP trading … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.20% against the USD and closed at 1.2657. Data showed that UK’s BBA mortgage approvals surprisingly rose to a two-year high level of 42.9K in April, signalling recovery … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.41% against the USD and closed at 1.2682, after UK Prime Minister Theresa May announced that she would resign from her position. On Friday, data indicated that UK’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly declined against the USD and closed at 1.2663, after Prime Minister Theresa May’s second Brexit referendum was rejected in the parliament. In the Asian session, at GMT0300, the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.2664, amid speculation that Prime Minister Theresa May’s leadership could come to an end, after her new Brexit plan was rejected. … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.18% against the USD and closed at 1.2704, after Chancellor, Philip Hammond, warned over the potential impact of no-deal Brexit on the economy. The OECD increased UK’s economic … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.08% against the USD and closed at 1.2727. In the Asian session, at GMT0300, the pair is trading at 1.2730, with the GBP trading a tad higher against … Continue reading →