GBP/USD: UK’s retail sales remained flat in September

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.3% against the USD and closed at 1.2252, after UK’s retail sales came in flat on a monthly basis in September, following a similar revised flat reading in … Continue reading

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GBP/USD: UK’s ILO unemployment remained steady at an 11-year low in June-August period

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.07% against the USD and closed at 1.2289. In economic news, data showed that UK’s ILO unemployment rate remained unchanged at an eleven-year low level of 4.9% during … Continue reading

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GBP/USD: UK’s annual inflation accelerated at fastest pace in nearly two years in September

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.9% against the USD and closed at 1.2298, after UK’s consumer price index (CPI) jumped by 1.0% YoY in September, advancing at the fastest pace in nearly two … Continue reading

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GBP/USD: Pound trading higher, ahead of UK’s inflation data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.2188. In economic news, UK’s CB leading economic index remained flat in September, following a revised drop of 0.2% in the … Continue reading

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GBP/USD: UK’s construction output unexpectedly dropped in August

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.57% against the USD and closed at 1.2171 on Friday, after data indicated that UK’s construction output fell surprisingly by 1.5% MoM in August, against market expectations for … Continue reading

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GBP/USD: Pound trading a tad lower in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.36% against the USD and closed at 1.2241. In the Asian session, at GMT0300, the pair is trading at 1.2239, with the GBP trading marginally lower against the … Continue reading

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GBP/USD: UK’s house price strengthened in September

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.34% against the USD and closed at 1.2197. In the Asian session, at GMT0300, the pair is trading at 1.2183, with the GBP trading 0.11% lower against the … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.96% against the USD and closed at 1.2239. In the Asian session, at GMT0300, the pair is trading at 1.2316, with the GBP trading 0.63% higher against the … Continue reading

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GBP/USD: Pound trading lower in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.47% against the USD and closed at 1.2358. In the Asian session, at GMT0300, the pair is trading at 1.2322, with the GBP trading 0.29% lower against the … Continue reading

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GBP/USD: UK’s industrial production surprisingly declined in August

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.39% against the USD and closed at 1.2438 on Friday, after UK’s industrial production unexpectedly fell by 0.4% MoM in August, defying market expectations for a rise of … Continue reading

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GBP/USD: Pound trading lower, ahead of key economic releases in the UK

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.07% against the USD and closed at 1.2613. In the Asian session, at GMT0300, the pair is trading at 1.2433, with the GBP trading 1.43% lower against the … Continue reading

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