GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally fell against the USD and closed at 1.3275. In economic news, UK’s construction PMI fell more-than-expected and ventured into contractionary territory by registering a reading of 46.0 in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.23% against the USD and closed at 1.3283. In economic news, UK’s Markit manufacturing PMI unexpectedly rose to a level of 52.1 in June, notching its highest level … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 1.00% against the USD and closed at 1.3314, after the Bank of England (BoE) Governor, Mark Carney, indicated that the central bank might ease monetary policy further in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.71% against the USD and closed at 1.3448, after a string of optimistic economic releases from the UK. Yesterday, data showed that Britain’s net consumer credit advanced in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.02% against the USD and closed at 1.3353. In economic news, UK’s CBI distributive trade survey’s retail sales balance dropped to a level of 4.0 in June, from … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 1.81% against the USD and closed at 1.3218. Yesterday, Britain’s Finance Minister, George Osborne, tried to calm frayed nerves following last week’s “Brexit” referendum. He stated that the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 8.38% against the USD and closed at 1.3633, plunging to a 31-year low, after Britain voted to leave the European Union (EU). Those in favour of leaving the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.62% against the USD and closed at 1.4880, hitting a one-year high, after early polling results put “Bremain” in the lead. In the Asian session, at GMT0300, the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.86% against the USD and closed at 1.4788. In the Asian session, at GMT0300, the pair is trading at 1.4796, with the GBP trading marginally higher against the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.08% against the USD and closed at 1.4662, after UK’s public sector net borrowing deficit widened to a level of £9.10 billion in May, from a revised deficit … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.33% against the USD and closed at 1.4674, after recent polls showed that support for Britain staying in the European Union strengthened before Thursday’s referendum vote. In the … Continue reading →