GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.4% against the USD and closed at 1.2679. In the Asian session, at GMT0400, the pair is trading at 1.2656, with the GBP trading 0.18% lower against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.5% against the USD and closed at 1.2730, after UK’s Markit services PMI unexpectedly jumped to a level of 55.2 in November, expanding at the fastest pace in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.91% against the USD and closed at 1.2705 on Friday, after UK’s construction PMI unexpectedly advanced more-than-anticipated to a level of 52.8 in November, expanding at the fastest … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.64% against the USD and closed at 1.2591, after Brexit Minister, David Davis, stated that Britain could secure access to the European Union’s trade market by paying for … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.18% against the USD and closed at 1.2511. Yesterday, the Bank of England, in its financial stability report, stated that outlook for UK’s financial stability “remains challenging” following … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.58% against the USD and closed at 1.2488, after UK’s net consumer credit surged to an eleven year high of £1.62 billion in October, offering further evidence that … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.87% against the USD and closed at 1.2416, after OECD predicted steep fall in UK’s economic growth in 2017, following Brexit uncertainties. Yesterday, the OECD upgraded its growth … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.21% against the USD and closed at 1.2476 on Friday, after the second estimate of UK’s gross domestic product (GDP) climbed 0.5% on a quarterly basis in the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.23% against the USD and closed at 1.2450, after UK’s BBA mortgage approvals in the UK rose to a five-month high level of 40.9K in October, higher than … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.2422, after the UK’s Chancellor, Philip Hammond, in his Autumn Statement, slightly revised up UK’s growth outlook for this year and … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.54% against the USD and closed at 1.2419. In economic news, UK’s public sector net borrowing narrowed more-than-expected to a level of £4.3 billion in October, as compared … Continue reading →