GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.67% against the USD and closed at 1.4236, propelled by better-than-expected employment readings in the UK. Data revealed that Britain’s ILO unemployment rate remained unchanged at a 42-year … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.4002. Macroeconomic data revealed that UK’s public sector net borrowing posted a deficit of £1.0 billion in December, falling short of … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.79% against the USD and closed at 1.3984, as a more upbeat outlook among investors regarding Brexit negotiations boosted gains in the local currency. Yesterday, the IMF maintained … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.19% against the USD and closed at 1.3870 on Friday, after data showed that UK’s retail sales came in worse-than-expected in December. Britain’s retail sales slid 1.5% on … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.63% against the USD and closed at 1.3896. In the Asian session, at GMT0400, the pair is trading at 1.3914, with the GBP trading 0.13% higher against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.14% against the USD and closed at 1.3809, after an external MPC member of the Bank of England (BoE), Michael Saunders, stated that interest rates will likely have … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly declined against the USD and closed at 1.3790, after UK’s annual inflation eased from a nearly 6-year high level in December. Data revealed that Britain’s consumer price index … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.44% against the USD and closed at 1.3796. In the Asian session, at GMT0400, the pair is trading at 1.3786, with the GBP trading 0.07% lower against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.43% against the USD and closed at 1.3732 on Friday, triggered by reports that Spanish and Dutch Finance Ministers have agreed to work together to push for a … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.24% against the USD and closed at 1.3539. According to the Bank of England’s (BoE) credit conditions survey, availability of unsecured credit to households decreased again in the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.24% against the USD and closed at 1.3507, after Britain’s total trade deficit unexpectedly widened in November. Data showed that UK’s total trade deficit widened to £2.8 billion … Continue reading →