GBP/USD: UK’s Rightmove house price index rose by the most in a year in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.3077 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3100, with the GBP trading 0.18% higher … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.25% against the USD and closed at 1.3057, amid rising worries after the European leaders delayed Brexit until 31 October 2019. In the Asian session, at GMT0300, the … Continue reading

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GBP/USD: UK’s total trade deficit narrowed below expectations in February

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.26% against the USD and closed at 1.3090, after the EU granted a second extension for Brexit reducing the fears of a no-deal divorce. On the data front, … Continue reading

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GBP/USD: British Pound extends its losses in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally declined against the USD and closed at 1.3056, after the IMF cut UK’s growth forecast to 1.2% this year and warned that a no-deal Brexit would push the … Continue reading

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GBP/USD: UK’s BRC retail sales across all sectors declined beyond estimates in March

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.10% against the USD and closed at 1.3060, as prospects of no-deal Brexit dimmed and amid expectations of Brexit delay. In the Asian session, at GMT0300, the pair … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.81% against the USD and closed at 1.3070, amid rising uncertainty over Brexit. In the Asian session, at GMT0300, the pair is trading at 1.3085, with the GBP … Continue reading

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GBP/USD: UK’s services PMI contracted for the first time in 2.5 years in March

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.37% against the USD and closed at 1.3177, on fresh hopes of another Brexit extension. In economic news, Britain’s services PMI declined to a level of 48.9 in … Continue reading

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GBP/USD: Britain’s construction PMI climbed in March

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.40% against the USD and closed at 1.3129, after Prime Minister Theresa May stated that she would ask the EU for an extension to the Brexit deadline. On … Continue reading

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GBP/USD: UK’s manufacturing PMI unexpectedly climbed in March

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.42% against the USD and closed at 1.3077. In the economic news, UK’s manufacturing PMI unexpectedly climbed to a level of 55.1 in March, notching its highest level … Continue reading

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GBP/USD: Sterling reverses its losses in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.25% against the USD and closed at 1.3023 on Friday, after the British Parliament, for the third time, rejected Prime Minister Theresa May’s Brexit deal. On the macro … Continue reading

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GBP/USD: British Pound reverses its losses in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.78% against the USD and closed at 1.3055, amid news that the British government ruled out a meaningful vote scheduled today. In the Asian session, at GMT0400, the … Continue reading

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