GBP/USD: Pound trading on a stronger footing this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.17% against the USD and closed at 1.3524. In the Asian session, at GMT0300, the pair is trading at 1.3565, with the GBP trading 0.30% higher against the … Continue reading

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GBP/USD: UK’s ILO unemployment remained steady at a 42 year low in the three months to March, wage growth slows in the same period

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.44% against the USD and closed at 1.3501, after fresh figures pointed to a slowdown in UK’s wage growth. On the macro front, Britain’s ILO unemployment rate remained … Continue reading

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GBP/USD: Pound trading slightly higher, ahead of Britain’s ILO unemployment rate data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.08% against the USD and closed at 1.3561. In the Asian session, at GMT0300, the pair is trading at 1.3564, with the GBP trading marginally higher against the … Continue reading

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GBP/USD: Pound trading higher in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.18% against the USD and closed at 1.3542 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3568, with the GBP trading 0.19% higher … Continue reading

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GBP/USD: BoE left key interest rate on hold, slashes its outlook on inflation and growth

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.22% against the USD and closed at 1.3518, after the Bank of England (BoE) lowered Britain’s growth and inflation forecast at its May monetary policy meeting. The BoE’s … Continue reading

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GBP/USD: Pound trading on a stronger footing, ahead of BoE’s interest rate decision

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly rose against the USD and closed at 1.3548. In the Asian session, at GMT0300, the pair is trading at 1.3560, with the GBP trading 0.09% higher against the … Continue reading

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GBP/USD: UK Halifax house prices dropped by the most since September 2010 in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.10% against the USD and closed at 1.3547, following downbeat housing sector report from the UK. Data indicated that UK’s Halifax house price index dipped more-than-anticipated by 3.1% … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.07% against the USD and closed at 1.3561. In the Asian session, at GMT0300, the pair is trading at 1.3562, with the GBP trading slightly higher against the … Continue reading

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GBP/USD: UK’s services sector growth picked-up slightly in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally declined against the USD and closed at 1.3571. In economic news, Britain’s Markit services PMI advanced less-than-expected to a level of 52.8 in April, compared to market expectations … Continue reading

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GBP/USD: UK’s construction sector bounced back into expansion territory in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.24% against the USD and closed at 1.3576, despite robust British construction sector data. On the economic front, UK’s Markit construction PMI rose more-than-estimated to a level of … Continue reading

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GBP/USD: UK’s manufacturing sector growth slowed to a 17-month low in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.16% against the USD and closed at 1.3609, after Britain’s manufacturing sector showed a poor performance in April. Data revealed that UK’s Markit manufacturing PMI slid to a … Continue reading

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