GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.39% against the USD and closed at 1.2511 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.2457, with the GBP trading 0.43% lower … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.32% against the USD and closed at 1.2463, after UK’s High Court ruled that only Parliament could start the process of leaving the European Union, thus raising hopes … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.5% against the USD and closed at 1.2301, after UK’s Markit construction PMI unexpectedly rose to a level of 52.6 in October, advancing for a second consecutive month … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.2240. Data indicated that UK’s manufacturing sector expanded at a slower-than-expected pace of 54.3 in October, compared to market expectations for … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.41% against the USD and closed at 1.2233, after UK’s mortgage approvals for house purchases advanced more-than-expected to a level of 62.9K in September, notching its highest level … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.2189 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.2184, with the GBP trading marginally lower … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.65% against the USD and closed at 1.2156. On the data front, UK’s preliminary gross domestic product (GDP) expanded more-than-expected by 0.5% on a quarterly basis in 3Q … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.45% against the USD and closed at 1.2235, after UK’s BBA mortgage approvals rose more-than-anticipated to a level of 38.3K in September, notching its highest level in three-months, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.2180. Yesterday, the Bank of England (BoE) Governor, Mark Carney, in a testimony at House of Lords, defended the monetary policy … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.25% against the USD and closed at 1.2218. In economic news, UK’s CBI industrial trends total orders surprisingly dropped to a level of -17.0 in October, whereas markets … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.27% against the USD and closed at 1.2219 on Friday, after data showed that UK’s public sector net borrowing posted a more-than-expected deficit of £10.1 billion in September, … Continue reading →