GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.19% against the USD and closed at 1.3923, after the Bank of England (BoE) lifted UK’s economic growth forecasts and hinted at rapid monetary policy tightening. The BoE, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.62% against the USD and closed at 1.3875, after data showed that UK’s Halifax house price index registered an unexpected drop of 0.6% on a monthly basis in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.06% against the USD and closed at 1.3954. In the Asian session, at GMT0400, the pair is trading at 1.3960, with the GBP trading a tad higher against … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.08% against the USD and closed at 1.3965, following dismal UK services sector report. Data showed that Britain’s Markit services PMI declined more-than-anticipated to a level of 53.0 … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.93% against the USD and closed at 1.4123 on Friday, after UK’s construction PMI showed a poor performance in January. Data revealed that activity in UK’s construction sector … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.49% against the USD and closed at 1.4263, brushing off data showing an unexpected drop in Britain’s manufacturing sector. Data showed that UK’s Markit manufacturing PMI registered an … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.4199. In the Asian session, at GMT0400, the pair is trading at 1.4197, with the GBP trading slightly lower against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.72% against the USD and closed at 1.4148, after the Bank of England’s (BoE) Governor, Mark Carney, stated that the central bank can now focus increasingly on combating … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.33% against the USD and closed at 1.4075, as reports about political divisions on Brexit sparked uncertainty over whether the UK Prime Minister, Theresa May would be able … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.19% against the USD and closed at 1.4152 on Friday, as better-than-expected UK GDP numbers added to the bullish mood amongst investors. Data indicated that Britain’s flash gross … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.78% against the USD and closed at 1.4125, after UK’s mortgage approvals registered an unexpected drop in December. Data showed that Britain’s BBA mortgage approvals declined to its … Continue reading →