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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.38% against the USD and closed at 1.2987. In the Asian session, at GMT0300, the pair is trading at 1.2981, with the GBP trading slightly lower against the … Continue reading

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GBP/USD: Pound trading slightly higher this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose slightly against the USD and closed at 1.3037. In the Asian session, at GMT0300, the pair is trading at 1.3040, with the GBP trading a tad higher against … Continue reading

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GBP/USD: UK’s Rightmove house prices surged in September

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.77% against the USD and closed at 1.3008 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3044, with the GBP trading 0.28% higher … Continue reading

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GBP/USD: BoE keeps key interest rate unchanged at 0.25%, but hints at November rate cut

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined slightly against the USD and closed at 1.3243, after the Bank of England (BoE), in its latest monetary policy meeting, maintained the benchmark interest rate steady and hinted … Continue reading

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GBP/USD: Britain’s unemployment rate held steady at 4.9% during May-July 2016 period

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.43% against the USD and closed at 1.3249, after UK’s ILO unemployment rate remained steady at an eleven-year low level of 4.9% during the three months to July, … Continue reading

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GBP/USD: UK’s annual inflation held steady in August

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.05% against the USD and closed at 1.3192, after UK’s consumer price index (CPI) advanced less-than-anticipated by 0.3% on a monthly basis in August, thus keeping the door … Continue reading

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GBP/USD: Pound trading lower, ahead of UK’s CPI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.57% against the USD and closed at 1.3332. In economic news, UK’s CB leading economic index registered a flat reading in August, after recording a 0.3% decline in … Continue reading

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GBP/USD: UK’s goods trade deficit shrinks in July

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.21% against the USD and closed at 1.3270 on Friday. In economic news, UK’s goods trade deficit narrowed to a level of £11.8 billion in July, after reporting … Continue reading

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GBP/USD: Pound trading on a stronger footing in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.30% against the USD and closed at 1.3298. In the Asian session, at GMT0300, the pair is trading at 1.3319, with the GBP trading 0.16% higher against the … Continue reading

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GBP/USD: UK’s manufacturing production dropped in July

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.65% against the USD and closed at 1.3338, after UK’s manufacturing production declined more-than-expected by 0.9% MoM in July, in the aftermath of the shock Brexit vote, recording … Continue reading

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GBP/USD: Pound trading lower, ahead of UK’s industrial production data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.96% against the USD and closed at 1.3425, reaching a two-month high level. The USD came under pressure after the US services sector activity indicator dropped more than … Continue reading

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