GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.54% against the USD and closed at 1.3060. Data showed that UK’s services PMI slid to a seven-month low level of 52.2 in October, compared to a level … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.22% against the USD and closed at 1.2969 on Friday. Data indicated that, UK’s construction PMI unexpectedly climbed to a 16-month high level of 53.2 in October, defying … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.76% against the USD and closed at 1.2998, on Brexit deal hopes and following hawkish comments from the Bank of England (BoE) Governor, Mark Carney. In the economic … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.53% against the USD and closed at 1.2773. In the Asian session, at GMT0400, the pair is trading at 1.2853, with the GBP trading 0.63% higher against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.73% against the USD and closed at 1.2706, amid mounting worries over “no-deal” Brexit. Macroeconomic data revealed that UK’s Gfk consumer confidence slid to a level of -10.0 … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.24% against the USD and closed at 1.2800. On the data front, the UK’s net consumer credit rose to a level of £0.8 billion in September, compared to … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.11% against the USD and closed at 1.2837 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.2836, with the GBP trading a tad … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.49% against the USD and closed at 1.2823, following European Central Bank President, Mario Draghi’s comments on Brexit. In the Asian session, at GMT0300, the pair is trading … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.75% against the USD and closed at 1.2886. Data revealed that UK’s BBA mortgage applications dropped to a level of 38.5K in September, compared to a level of … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.12% against the USD and closed at 1.2983. Data indicated that UK’s business optimism climbed 16.0% in 4Q 2018, as compared to a decline of 3.0% in the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.70% against the USD and closed at 1.2968, as ongoing disputes over Irish border continued to cloud worries over Brexit negotiations. In the Asian session, at GMT0300, the … Continue reading →