GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.23% against the USD and closed at 1.3108. In economic news, UK’s consumer price index advanced by 0.2% MoM in June, in line with market expectations and compared … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined marginally against the USD and closed at 1.3249. Yesterday, the Bank of England (BoE) policymaker, Martin Weale, suggested that the central bank should take into consideration the uncertainty … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.9% against the USD and closed at 1.3218, after UK’s construction output declined more-than-expected by 2.1% MoM in May, following a revised rise of 2.8% in the previous … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.78% against the USD and closed at 1.3338, after the Bank of England (BoE) surprisingly kept its benchmark interest rate steady at 0.5% in its first meeting since … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.13% against the USD and closed at 1.3105. In the Asian session, at GMT0300, the pair is trading at 1.3185, with the GBP trading 0.61% higher against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 2.02% against the USD and closed at 1.3255. In a speech to the Treasury Committee, BoE Governor, Mark Carney, denied allegations that the central bank tried to manipulate … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.43% against the USD and closed at 1.2992. Overnight data indicated that, UK’s BRC retail sales monitor across all sectors dropped 0.5% on an annual basis in June, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.47% against the USD and closed at 1.2943. On the data front, UK’s total trade deficit widened less-than-expected to GBP2.3 billion in May, compared to market expectations for … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.09% against the USD and closed at 1.2883, In economic news, UK’s leading think tanker, NIESR estimated that UK’s gross domestic product rose by 0.6% in the April-June … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.76% against the USD and closed at 1.2895. In the Asian session, at GMT0300, the pair is trading at 1.2939, with the GBP trading 0.34% higher against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 2.12% against the USD and closed at a new 31-year low of 1.2994, amid renewed Brexit worries and after the release of downbeat UK services data. Yesterday, UK’s … Continue reading →