GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.26% against the USD and closed at 1.2927, following downbeat construction sector data in the UK. Data showed that Britain’s Markit construction PMI unexpectedly eased to one-year low … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.12% against the USD and closed at 1.2926 on Friday. On the macro front, the Markit manufacturing PMI unexpectedly climbed to a level of 56.9 in August, notching … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.2941, following hawkish remarks from the Bank of England’s (BoE) monetary policy committee member, Michael Saunders. Michael Saunders urged for an … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally declined against the USD and closed at 1.2922. On the data front, Britain’s mortgage approvals for house purchases jumped to a sixteen-month high level of 68.7K in July, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly declined against the USD and closed at 1.2928. On the macro front, Britain’s seasonally adjusted Nationwide house prices recorded an unexpected drop of 0.1% on a monthly basis … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.31% against the USD and closed at 1.2929. Meanwhile, another round of Brexit negotiations kicked off yesterday, with UK’s Labour party favouring for a softer departure from the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally declined against the USD and closed at 1.2802. On the macro front, second estimate of gross domestic product (GDP) rose 0.3% on a quarterly basis in the second … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.13% against the USD and closed at 1.2804. In the Asian session, at GMT0300, the pair is trading at 1.2788, with the GBP trading 0.12% lower against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.58% against the USD and closed at 1.2821. On the data front, UK’s public sector net borrowing has reported a surplus of £0.8 billion in July, as compared … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.2896. In the Asian session, at GMT0300, the pair is trading at 1.2886, with the GBP trading 0.08% lower against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally rose against the USD and closed at 1.2877 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2877, with the GBP trading flat against … Continue reading →