GBP/USD: UK’s consumer price inflation jumped to a nearly 4-year high level in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.2915, after data indicated that annual inflation in the UK soared in April. Data showed that Britain’s consumer price index (CPI) … Continue reading

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GBP/USD: Pound trading on a stronger footing, ahead of UK’s crucial inflation data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.09% against the USD and closed at 1.2898. In the Asian session, at GMT0300, the pair is trading at 1.2908, with the GBP trading 0.08% higher against the … Continue reading

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GBP/USD: Pound trading higher in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.06% against the USD and closed at 1.2880 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2892, with the GBP trading 0.09% higher … Continue reading

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GBP/USD: Bank of England left interest rates unchanged, lowered 2017 growth forecast

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.32% against the USD and closed at 1.2888, after the Bank of England (BoE) trimmed Britain’s 2017 economic growth outlook. The BoE, at its latest monetary policy meeting, … Continue reading

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GBP/USD: Pound trading on a stronger footing, ahead of the BoE’s monetary policy decision

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.14% against the USD and closed at 1.2929. In the Asian session, at GMT0300, the pair is trading at 1.2940, with the GBP trading 0.09% higher against the … Continue reading

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GBP/USD: Pound trading a tad lower in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.2947. In the Asian session, at GMT0300, the pair is trading at 1.2943, with the GBP trading slightly lower against the … Continue reading

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GBP/USD: UK’s house prices fell for the first time in 3 months in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.16% against the USD and closed at 1.2937. In economic news, UK’s Halifax house prices unexpectedly dropped 0.1% in April, compared to market consensus for a rise of … Continue reading

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GBP/USD: Pound trading on a weaker footing this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.45% against the USD and closed at 1.2979 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2952, with the GBP trading 0.21% lower … Continue reading

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GBP/USD: UK’s services sector unexpectedly expanded to a 4-month high level in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.41% against the USD and closed at 1.2921, after data showed a robust performance in UK’s services sector. UK’s Markit services PMI unexpectedly advanced to a four-month high … Continue reading

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GBP/USD: UK’s construction sector growth surprisingly hits 4-month high in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.53% against the USD and closed at 1.2868. Macroeconomic data indicated that activity in Britain’s construction sector unexpectedly advanced to a level of 53.1 in April, hitting its … Continue reading

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GBP/USD: UK’s manufacturing sector growth at a 3-year high level in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.3% against the USD and closed at 1.2936, after Britain’s manufacturing sector surprised with a robust performance in April. The Markit manufacturing PMI in UK unexpectedly jumped to … Continue reading

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