GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.84% against the USD and closed at 1.2633. On the data front, UK’s CBI industrial trends total orders jumped more-than-expected to a level of 5.0 in January, notching … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.08% against the USD and closed at 1.2528. Yesterday, the UK’s Supreme Court ruled that the British government cannot initiate the “Brexit” process of leaving the European Union … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.95% against the USD and closed at 1.2538, on expectations that Britain’s Supreme Court would rule that the government needs parliamentary approval to trigger formal Brexit talks. In … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.36% against the USD and closed at 1.2377 on Friday. On the data front, UK’s retail sales dropped 1.9% on a monthly basis in December, declining by the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.58% against the USD and closed at 1.2333. In the Asian session, at GMT0400, the pair is trading at 1.2366, with the GBP trading 0.27% higher against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.14% against the USD and closed at 1.2262. Macroeconomic data revealed that UK’s ILO unemployment rate remained unchanged at an eleven-year low level of 4.8% in the September-November … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP jumped 3.2% against the USD and closed at 1.2403, following Theresa May’s speech that outlined Britain’s plans for leaving the European Union (EU). During a speech at Lancaster House … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.07% against the USD and closed at 1.2018. Yesterday, the Bank of England (BoE) Governor, Mark Carney, in a speech at the London School of Economics, stated that … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.24% against the USD and closed at 1.2186 on Friday. On Friday, the Bank of England (BoE), in its credit conditions survey report, found that demand for bank … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.39% against the USD and closed at 1.2157. In the Asian session, at GMT0400, the pair is trading at 1.2155, with the GBP trading slightly lower against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.26% against the USD and closed at 1.2204, after better-than-expected industrial and manufacturing output data in the UK for November suggested that the economy broadly continued its post-referendum … Continue reading →