GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.76% against the USD and closed at 1.2454 on Friday. On the data front, UK’s BBA mortgage approvals surprisingly surged to a twelve-month high level of 44.7K in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.75% against the USD and closed at 1.2550. In the Asian session, at GMT0400, the pair is trading at 1.2548, with the GBP trading marginally lower against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.16% against the USD and closed at 1.2456, after Britain’s gross domestic product (GDP) data indicated that UK’s annual growth rate was revised down in the final three-months … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.2476, after data indicated that Britain’s public sector net borrowing posted a surplus of £9.8 billion in January, recording its first … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.44% against the USD and closed at 1.2466. On the data front, UK’s CBI industrial trends total orders advanced to a level of 8.0 in February, from a … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.57% against the USD and closed at 1.2411 on Friday, after disappointing retail sales data in the UK pointed towards weakness in consumer spending. Data indicated that Britain’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.19% against the USD and closed at 1.2482. In the Asian session, at GMT0400, the pair is trading at 1.2501, with the GBP trading 0.15% higher against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.1% against the USD and closed at 1.2458, after the latest jobs report indicated that UK’s wage growth surprisingly slowed in the three months to December. Data showed … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.44% against the USD and closed at 1.2471, after UK’s consumer prices grew at the fastest annual pace since June 2014 in January. Data indicated that, Britain’s consumer … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.32% against the USD and closed at 1.2526. Yesterday, the European Commission (EC) upgraded Britain’s growth forecasts for 2017, but still expects a more severe hit to the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.09% against the USD and closed at 1.2483 on Friday. Data showed that UK’s industrial production climbed 1.1% MoM in December, surpassing market consensus for a rise of … Continue reading →