GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.40% against the USD and closed at 1.3120, amid news that the British Prime Minister, Theresa May delayed a parliamentary vote on her Brexit deal. In the Asian … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.16% against the USD and closed at 1.3057 on Friday, amid diminishing possibilities of a no-deal Brexit. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.08% against the USD and closed at 1.3036. Data showed that UK’s public sector net borrowing posted a surplus of £15.8 billion in January, following a deficit of … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.11% against the USD and closed at 1.3047, after three prominent lawmakers resigned from Prime Minister Theresa May’s ruling Conservative party over Brexit. On the macro front, the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.06% against the USD and closed at 1.3062, amid hopes that a meeting between UK Prime Minister Theresa May and European Commission President Jean-Claude Juncker would resolve the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.2925, ahead of the outcome of Brexit talks. In the Asian session, at GMT0400, the pair is trading at 1.2901, with … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.70% against the USD and closed at 1.2887 on Friday. On the data front, UK’s retail sales climbed 4.2% on an annual basis in January, buoyed by robust … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.34% against the USD and closed at 1.2850, after UK’s consumer price inflation (CPI) slowed to a two-year low level of 1.8% on a yearly basis in January, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.34% against the USD and closed at 1.2850, after UK’s consumer price inflation (CPI) slowed to a two-year low level of 1.8% on a yearly basis in January, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.28% against the USD and closed at 1.2894. The Bank of England Governor, Mark Carney warned that a no-deal Brexit would create an “economic shock”. Hence, he urged … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.57% against the USD and closed at 1.2858 amid a slew of disappointing economic data. On the macro front, UK’s preliminary gross domestic product (GDP) growth slowed to … Continue reading →