GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.56% against the USD and closed at 1.2356 on Friday, after data indicated that government borrowing hit a record high level stoking concerns about economic recovery. On the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.04% against the USD and closed at 1.2426, after the Bank of England (BoE) increased its bond-buying programme by £100 billion to bolster the coronavirus-hit economy. The BoE, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.62% against the USD and closed at 1.2557, after UK’s consumer inflation slowed to a 4-year low level in May. On the data front, UK’s consumer price inflation … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.52% against the USD and closed at 1.2569. On the data front, UK’s ILO unemployment rate unexpectedly remained unchanged at 3.9% in three months ended April. Meanwhile, average … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.12% against the USD and closed at 1.2622, as investors await the result of meeting between the UK and European Commission about Brexit trade negotiations. In the Asian … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.87% against the USD and closed at 1.2524 on Friday, on the back of dismal economic data. On the data front, UK’s gross domestic product (GDP) plunged 20.4% … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.42% against the USD and closed at 1.2583. In the Asian session, at GMT0300, the pair is trading at 1.2564, with the GBP trading 0.15% lower against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 2.13% against the USD and closed at 1.2750. In the Asian session, at GMT0300, the pair is trading at 1.2732, with the GBP trading 0.14% lower against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 2.30% against the USD and closed at 1.2728. In the Asian session, at GMT0300, the pair is trading at 1.2738, with the GBP trading 0.08% higher against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 2.25% against the USD and closed at 1.2735. In the Asian session, at GMT0300, the pair is trading at 1.2719, with the GBP trading 0.13% lower against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 2.79% against the USD and closed at 1.2664 on Friday. On the data front, UK’s Halifax house prices fell 0.2% on a monthly basis in May, less than … Continue reading →