GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.41% against the USD and closed at 1.3155, following weaker-than-expected UK retail sales figures. Data showed that Britain’s retail sales declined more-than-expected by 0.7% on a monthly basis … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.3209, after data showed that Britain’s ILO unemployment rate remained steady at a 42-year low level of 4.3% in the three … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.43% against the USD and closed at 1.3192, following comments from the Bank of England (BoE) Governor. The BoE Governor, Mark Carney, warned that “more likely than not”, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.27% against the USD and closed at 1.3249. Yesterday, the British Prime Minister, Theresa May and the President of the European Commission, Jean-Claude Juncker, agreed that the pace … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.23% against the USD and closed at 1.3292 on Friday, on expectations that the UK could be offered a two-year Brexit transition deal. In the Asian session, at … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.24% against the USD and closed at 1.3261, after a newspaper reported that the European Union (EU) could offer Britain a two-year transitional Brexit deal. Earlier in the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.2% against the USD and closed at 1.3229. Meanwhile, UK’s Chancellor of the Exchequer, Philip Hammond, stated that Brexit has clouded Britain’s economic outlook and added that the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.49% against the USD and closed at 1.3202, as the release of upbeat UK economic data sparked a fresh wave of optimism over the health of the British … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.44% against the USD and closed at 1.3137, amid news emerged that the British Prime Minister, Theresa May, could reshuffle her cabinet and leave out Foreign Secretary, Boris … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.37% against the USD and closed at 1.3068 on Friday, amid a fresh bout of political uncertainty in the UK. On the macro front, UK’s Halifax house price … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.95% against the USD and closed at 1.3116, amid mounting rumours that the British Prime Minister, Theresa May, could be ousted in the coming months. In the Asian … Continue reading →