GBP/USD: UK’s Rightmove house prices declined in August.

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.2748 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2743, with the GBP trading slightly lower … Continue reading

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GBP/USD: Britain’s retail sales rebounded in July

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.2714, on the back of better than expected retail sales data. Data showed that UK’s retail sales rebounded 0.7% on a … Continue reading

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GBP/USD: UK’s inflation increased for the first time in eight-months in July

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.20% against the USD and closed at 1.2695. On the data front, UK’s consumer price index (CPI) advanced 2.5% on a yearly basis in July, rising for the … Continue reading

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GBP/USD: Britain’s unemployment rate unexpectedly fell to a new 43-year low in 2Q

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.37% against the USD and closed at 1.2720. On the data front, UK’s ILO unemployment rate unexpectedly fell to a rate of 4.0% in the April-June 2018 period, … Continue reading

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GBP/USD: Sterling trading on a stronger footing in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.11% against the USD and closed at 1.2763. In the Asian session, at GMT0300, the pair is trading at 1.2771, with the GBP trading 0.06% higher against the … Continue reading

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GBP/USD: Britain’s 2Q GDP growth doubled in June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.42% against the USD and closed at 1.2769 on Friday. On the data front, Britain’s preliminary gross domestic product (GDP) climbed 0.4% on a quarterly basis in 2Q … Continue reading

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GBP/USD: Sterling trading on stronger footing in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.47% against the USD and closed at 1.2823. In the Asian session, at GMT0300, the pair is trading at 1.2830, with the GBP trading 0.05% higher against the … Continue reading

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GBP/USD: Sterling trading slightly higher in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.46% against the USD and closed at 1.2883, amid lingering fears over no-deal Brexit. In the Asian session, at GMT0300, the pair is trading at 1.2885, with the … Continue reading

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GBP/USD: UK’s Halifax house prices advanced by the most since November 2017 in July

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined slightly against the USD and closed at 1.2943. Data revealed that UK’s Halifax house price index advanced 3.3% on a yearly basis in the three months ended May-July … Continue reading

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GBP/USD: Pound trading a tad lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.43% against the USD and closed at 1.2945. In the Asian session, at GMT0300, the pair is trading at 1.2943, with the GBP trading slightly lower against the … Continue reading

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GBP/USD: BoE Governor Mark Carney warns over the possibility of no-deal Brexit

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.10% against the USD and closed at 1.3005 on Friday, after BoE Governor Mark Carney signalled the likely prospects of the UK leaving the EU without a deal. … Continue reading

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