GBP/USD: UK’s BRC sales like-for-like declined more-than-estimated in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.50% against the USD and closed at 1.2799. Data indicated that, UK’s BRC sales like-for-like dropped 0.7% on an annual basis in December, compared to a decline of … Continue reading

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GBP/USD: UK’s Halifax house prices advanced at its quickest pace in 2-years in October-December 2018

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.41% against the USD and closed at 1.2721. In economic news, UK’s Halifax house price index rose 1.3% in the three months ended December 2018, rising at its … Continue reading

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GBP/USD: Sterling trading lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.45% against the USD and closed at 1.2788. In the Asian session, at GMT0400, the pair is trading at 1.2756, with the GBP trading 0.25% lower against the … Continue reading

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GBP/USD: UK’s services sector activity expanded at its fastest pace in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.82% against the USD and closed at 1.2737 on Friday. Macroeconomic data revealed that UK’s services PMI expanded to a level of 51.2 in December, amid modest gains … Continue reading

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GBP/USD: UK’s construction PMI declined to a three-month low level in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.76% against the USD and closed at 1.2638. On macro front, UK’s construction PMI fell to a 3-month low level of 52.8 in December, amid escalating concerns over … Continue reading

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GBP/USD: Britain’s manufacturing growth climbed to a six-month high level in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.39% against the USD and closed at 1.2550, amid mounting worries over Brexit. On data front, UK’s manufacturing PMI unexpectedly advanced to a six-month high level of 54.2 … Continue reading

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GBP/USD: Sterling trading on a negative footing this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.20% against the USD and closed at 1.2750. In the Asian session, at GMT0400, the pair is trading at 1.2730, with the GBP trading 0.16% lower against the … Continue reading

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GBP/USD: UK’s BBA mortgage approvals declined beyond market estimates in November

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.22% against the USD and closed at 1.2697 on Friday. In economic news, UK’s BBA mortgage approvals slid to a level of 39.4K in November, compared to a … 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 0.09% against the USD and closed at 1.2645. In the Asian session, at GMT0400, the pair is trading at 1.2663, with the GBP trading 0.14% higher against the … 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 0.52% against the USD and closed at 1.2641. In the Asian session, at GMT0400, the pair is trading at 1.2658, with the GBP trading 0.13% higher against the … Continue reading

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GBP/USD: UK’s economy climbed as estimated in 3Q 2018

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.28% against the USD and closed at 1.2630 on Friday. In economic news, UK’s final gross domestic product (GDP) climbed 0.6% on a quarterly basis in 3Q 2018, … Continue reading

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