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Pound Sterling struggles for a firm footing as investors risk-appetite fades

The Pound Sterling (GBP) searches for a potential cushion after Tuesday’s intense breakdown.

United kingdomUnited kingdom office for national statisticsInstitute of supply managementMarket committeeInstitute of directorsServices pmisPound sterlingFederal reserveDigest market moversUnited kingdom officeNational statisticsGross domestic productConfidence indexSupply managementFederal open market committeeDollar index

Pound Sterling retreats on dismal UK factory data

The Pound Sterling (GBP) faces nominal sell-off after the release of the weaker-than-projected S&P Global Manufacturing PMI for December.

United kingdomJeremy huntSp global servicesUnited kingdom office for national statisticsPound sterlingDigest market moversUnited kingdom officeNational statisticsFinance minister jeremy huntFederal reserveExponential moving averageConsumer price index

GBP/USD improves to near 1 2740 on subdued US Dollar, focus on UK housing data

GBP/USD attempts to recover its losses registered in the previous session.

United statesUnited kingdomInitial jobless claimsPending home salesJobless claimsHome salesChicago purchasing manager indexPound sterlingBritish poundUnited kingdom nationwide housing prices

GBP/USD moves sideways near 1 2720 with a positive bias amid stable US Dollar

GBP/USD hovers around 1.2720 during the Asian session on Wednesday.

United statesUnited kingdomRobert kaplanFederal reserveDallas fed president robert kaplanKingdom retail salesWhile united kingdomPound sterlingDallas federal reserve president robert kaplanBritish poundRetail salesUnited kingdom gross domestic productInitial jobless claimsPending home salesNationwide housing prices

GBP/USD moves downward near 1 2720 ahead of UK CPI, PPI data

GBP/USD retraces its recent gains registered in the previous session, edging lower near 1.2720 during the Asian session on Wednesday.

United kingdomSarah breedenAndrew baileyKingdom consumer price indexProducer price indexRetail price indexGovernor andrew baileyBuilding permitsExisting home sales change

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