GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.10% against the USD and closed at 1.2494, after UK’s construction sector activity rebounded. On the data front, UK’s Markit construction PMI advanced at its fastest pace in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.10% against the USD and closed at 1.2480 on Friday. On the data front, UK’s Markit services PMI rose to 47.1 in June, due to restart of UK’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.08% against the USD and closed at 1.2468. In the Asian session, at GMT0300, the pair is trading at 1.2461, with the GBP trading 0.06% lower against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.69% against the USD and closed at 1.2478. On the data front, UK’s Markit manufacturing PMI rose to 50.1 in June, compared to a reading of 41.1 in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.69% against the USD and closed at 1.2392. On the data front, UK’s gross domestic product (GDP) dropped 2.2% on a quarterly basis in the first quarter of … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.38% against the USD and closed at 1.2307, amid concerns over how the British government will pay for its planned big infrastructure programme. On the data front, UK’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.68% against the USD and closed at 1.2340 on Friday, amid continuing uncertainty over Brexit deal. In the Asian session, at GMT0300, the pair is trading at 1.2365, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.07% against the USD and closed at 1.2424, despite fears over second wave of coronavirus infections and concerns over Brexit deal. On the data front, UK’s CBI distributive … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.83% against the USD and closed at 1.2415. In the Asian session, at GMT0300, the pair is trading at 1.2413, with the GBP trading marginally lower against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.29% against the USD and closed at 1.2519. On the data front, UK’s Markit manufacturing PMI climbed to 50.1 in June, more than market consensus for a rise … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.96% against the USD and closed at 1.2483. On the data front, UK’s CBI industrial trends survey orders rose to -58.0% in June. In the previous month, the … Continue reading →