GBP/USD: British Pound extends its losses in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.00% against the USD and closed at 1.2507 on Friday. On the data front, UK’s Nationwide housing prices rose 3.7% on a yearly basis in April, recording to … Continue reading

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GBP/USD: British Pound extends its losses in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.41% against the USD and closed at 1.2584. In the Asian session, at GMT0300, the pair is trading at 1.2564, with the GBP trading 0.16% lower against the … Continue reading

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GBP/USD: British Pound extends its losses in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.30% against the USD and closed at 1.2468. In the Asian session, at GMT0300, the pair is trading at 1.2447, with the GBP trading 0.17% lower against the … Continue reading

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GBP/USD: British Pound trading on a stronger footing this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.61% against the USD and closed at 1.2427. On the macro front, Britain’s CBI distributive trade survey’s retail sales balance dropped to -55.0% in April, registering biggest its … Continue reading

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GBP/USD: British Pound extends its losses in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.61% against the USD and closed at 1.2428. In the Asian session, at GMT0300, the pair is trading at 1.2414, with the GBP trading 0.11% lower against the … Continue reading

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GBP/USD: UK retail sales declined at its fastest pace in March

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.06% against the USD and closed at 1.2369 on Friday, following disappointing retail sales data. On the data front, UK’s retail sales slid 5.1% on a monthly basis … Continue reading

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GBP/USD: UK’s private sector activity contracted at its fastest pace in more than two decades

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.17% against the USD and closed at 1.2354. On the data front, UK’s public sector net borrowing deficit widened to £2.33 billion in March, compared to a revised … Continue reading

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GBP/USD: UK’s consumer price inflation slowed to a 3-month low in March

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.30% against the USD and closed at 1.2337. On the data front, UK’s consumer price inflation slowed to 1.5% on a yearly basis in March, driven by fall … Continue reading

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GBP/USD: UK’s ILO unemployment rate unexpectedly rose in the three months ended February

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.61% against the USD and closed at 1.2297. On the data front, UK’s ILO unemployment rate unexpectedly rose to 4.0% in the three months ended February, defying market … Continue reading

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GBP/USD: British Pound extends its losses in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.51% against the USD and closed at 1.2440. In the Asian session, at GMT0300, the pair is trading at 1.24, with the GBP trading 0.32% lower against the … Continue reading

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GBP/USD: British Pound extends its losses in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.06% against the USD and closed at 1.2499 on Friday. On the data front, UK’s Rightmove house price index climbed 2.5% on a yearly basis in April, compared … Continue reading

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