GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.9% against the USD and closed at 1.3159, after UK’s retail sales rebounded by 1.5% MoM in July, indicating that Britons shrugged off uncertainty caused by the Brexit … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined marginally against the USD and closed at 1.3041. Macroeconomic data revealed that the UK’s ILO unemployment rate remained steady at the lowest level in more than 10 years … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.22% against the USD and closed at 1.3042, after UK’s consumer price index rose more-than-expected by 0.6% YoY in July, hitting its highest level since November 2014. Markets … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.41% against the USD and closed at 1.2885. In the Asian session, at GMT0300, the pair is trading at 1.2892, with the GBP trading slightly higher against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.36% against the USD and closed at 1.2908. In economic news, UK’s seasonally adjusted construction output declined more-than-expected by 2.2% YoY in June, compared to market expectations for … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.5% against the USD and closed at 1.2955. In the Asian session, at GMT0300, the pair is trading at 1.2971, with the GBP trading 0.12% higher against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.3020. On the data front, UK’s RICS house price balance declined to its lowest level since April 2013, after rose 5.0% … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.23% against the USD and closed at 1.3003, after UK’s leading think tanker, NIESR estimated that UK’s economy grew at a slower pace of 0.3% in the three … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.4% against the USD and closed at 1.3033. On the data front, UK’s BRC retail sales across all sectors unexpectedly rebounded by 1.1% YoY in July, compared to … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.3071. On the data front, UK’s seasonally adjusted Halifax house price index eased more-than-forecasted by 1.0% on a monthly basis in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.63% against the USD and closed at 1.3111, after the Bank of England (BoE) cut its benchmark interest rate for the first time since 2009 to a record … Continue reading →