GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.27% against the USD and closed at 1.2602. Data showed that the Markit construction PMI climbed to 28.9 in May, less than market expectations for a rise of … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.49% against the USD and closed at 1.2573. On the data front, UK’s Markit services PMI climbed to 29.0 in May, compared to a level of 13.4 in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.67% against the USD and closed at 1.2550. On the data front, UK’s Nationwide housing prices dropped 1.7% on a monthly basis in May, recording its biggest fall … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.16% against the USD and closed at 1.2486. On the data front, UK’s Markit manufacturing PMI advanced to 40.7 in May, compared to a level of 32.6 in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.20% against the USD and closed at 1.2350 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2402, with the GBP trading 0.42% higher … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.43% against the USD and closed at 1.2320. In the Asian session, at GMT0300, the pair is trading at 1.2328, with the GBP trading 0.06% higher against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.86% against the USD and closed at 1.2264, after UK’s chief Brexit negotiator David Frost stated that that not much progress had been made in Brexit talks. In … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.32% against the USD and closed at 1.2335. On the data front, UK’s CBI distributive trades survey’s retail sales balance rose to -50.0% in May, in line with … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 6.43% against the USD and closed at 1.2190. On the data front, UK’s public sector net borrowing posted a more-than-expected deficit of £61.4 billion in April, following a … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 6.18% against the USD and closed at 1.2223, amid speculation that the Bank of England (BoE) might cut interest rates below zero to support the economy. On the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 6.06% against the USD and closed at 1.2239. On the data front, UK’s consumer price inflation slowed to 0.8% on a yearly basis in April, reaching its lowest … Continue reading →