GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.16% against the USD and closed at 1.3074 on Friday, following robust UK Markit services PMI data. Data showed that Britain’s services sector unexpectedly rose to 55.6 in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.48% against the USD and closed at 1.3053, following a dovish statement by the Bank of England (BoE). The BoE’s Monetary Policy Committee (MPC) increased its key interest … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.29% against the USD and closed at 1.3249. Macroeconomic data showed that UK’s manufacturing PMI rose to 56.3 in October due to a surge in new orders, from … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.61% against the USD and closed at 1.3287, amid news that the EU’s Chief Brexit negotiator, Michel Barnier, indicated that he was ready to speed up talks with … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.52% against the USD and closed at 1.3206. Macroeconomic data showed that the number of mortgage approvals for house purchases fell less than anticipated to a level of … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.06% against the USD and closed at 1.3125 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3141, with the GBP trading 0.12% higher … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.02% against the USD and closed at 1.3133, amid doubts over the possibility of an interest rate hike next week and concerns over the Brexit process. In the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.03% against the USD and closed at 1.3268, triggered by better-than-expected UK’s GDP report. Data showed that Britain’s preliminary GDP climbed more-than-expected by 0.4% on a quarterly basis … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.53% against the USD and closed at 1.3133, after dovish comments from the Bank of England’s (BoE) Deputy Governor, Jon Cunliffe fuelled uncertainty over a potential November interest … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.07% against the USD and closed at 1.3203, after the British Prime Minister, Theresa May, remained optimistic over Brexit talks, stating that she is “ambitious and positive” about … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.24% against the USD and closed at 1.3187 on Friday, amid hopes of constructive talks over Brexit, after the UK Prime Minister, Theresa May, called on EU leaders … Continue reading →