After a quiet start on Friday, GBP/USD has posted gains in the North American session. Currently, the pair is trading at 1.3330. It’s been a busy day on the release front. British Construction PMI improved to 49.2 points, beating the estimate. The UK Manufacturing PMI (Purchasing Managers’ Index) is based on a survey of purchasing managers in the manufacturing sector. Respondents are surveyed for their view of the economy and business conditions in the UK. A reading which is higher than the The pound advanced against its major counterparts in early European trading on Thursday. The pound climbed back to 1.3154 against the dollar, from Wednesday's closing value of 1.3136. The pound hovered around its early more than a 4-week peak of 135.93 The Australian Dollar was in a stable position over Friday’s trading session, though against the Pound the ‘Aussie’ dipped to 0.56. The Pound’s gains came mainly from surprise weakness in the US Dollar, as the latest UK domestic data proved a If you going to do day trading, these are the key hours The London Session Begin about 8.00 GMT and wind down about 16.00 GMT. EUR, GBP and USD are the currencies that most active for these hours. The US Session begin about 13.00 GMT and wind down GBP/USD is trading quietly at the 1.32 line on Thursday, continuing the lack of movement which has characterized the pair all week. On the release front, British CBI Realized Sales posted a strong gain of plus -9, well above expectations. Over in the US .
The British currency is trading around $1.33 against the U.S. dollar GBPUSD, +0.0151% while the euro EURGBP, -0.1659% is fetching roughly 84 pence. That compares with Goldman’s three-month call, issued in July, to see the pound-dollar pair reach a GBP/USD is trading at 1.3082, down 0.0022. The pair is trading in the middle of the session range. The Bank of England (BOE) reported that loan approvals for house purchases in the U.K. fell to 60,910 in July versus a downwardly revised level of 64,150 in On the chart below, we're looking at post-Brexit price action in GBP/USD as prices continues to compress after the 'post-Brexit' low was set at 1.2788. Created with Marketscope/Trading Station II; prepared by James Stanley For traders looking to establish After the data, the pound rose against its major rivals. As of 4:31 am ET, the pound was trading at 0.8421 against the euro, 1.3019 against the Swiss franc, 1.3283 against the U.S. dollar and 137.68 against the yen. .