GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.09% against the USD and closed at 1.3328, after UK’s final Markit services PMI eased to a level of 47.4 in July, in line with market expectations, contracting … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.18% against the USD and closed at 1.3340. Macroeconomic data indicated that the U.K.’s construction PMI dropped at the steepest pace in seven years to a level of … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.26% against the USD and closed at 1.3184, after UK’s final Markit manufacturing PMI declined to a level of 48.2 in July, touching its lowest level since 2013, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.55% against the USD and closed at 1.3231. In economic news, data revealed that UK’s mortgage approvals for house purchases fell more-than-forecasted to a level of 64.8K in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.45% against the USD and closed at 1.3158. In the Asian session, at GMT0300, the pair is trading at 1.3189, with the GBP trading 0.24% higher against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.61% against the USD and closed at 1.3217, after the preliminary GDP estimate data indicated that UK’s economy expanded more-than-expected by 0.6% on a quarterly basis in 2Q … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.28% against the USD and closed at 1.3137. In economic news, data indicated that UK’s BBA mortgage approvals dropped less-than-expected to a level of 40.1K in June, compared … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.12% against the USD and closed at 1.3100. in the UK, CBI’s Industrial Trends Survey revealed that optimism fell sharply mainly due to the EU referendum result, while … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.94% against the USD and closed at 1.3100, after data indicated that UK’s economic activity deteriorated steeply in July, in the wake of last month’s EU referendum. Data … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined marginally against the USD and closed at 1.3224, after UK’s retail sales fell by 0.9% MoM in June, recording its sharpest decline in six months and higher than … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.89% against the USD and closed at 1.3225, after better-than-expected jobs data along with BoE’s survey that showed limited Brexit fallout. Macroeconomic data indicated that, UK’s ILO unemployment … Continue reading →