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Pound Refuses to Move Far from Opening After GDP Report

The Great Britain pound continued to move largely sideways on Thursday, refusing to move far from the opening level and extending the period of consolidation that has starter a while ago. Even the positive surprise in the form of faster-than-expected economic growth did not influence the currency much.

Pound Flat While Markets Focus on Brexit & BoE Stimulus

The Great Britain pound continued to consolidate, trading mostly flat today, as market participants continued to speculate about the impact of the Brexit and chances for additional monetary easing from the Bank of England.

Pound Flat, GDP Report in Focus

The Great Britain pound was little changed today as traders are waiting for GDP data from the United Kingdom which will be released later this week.

Pound Moves Lower as Fear of Hard Brexit Haunts Market

The Great Britain pound slipped against its most-traded peers, including the US dollar and the Japanese yen, on Friday as fear of the so-called “hard Brexit” continued to plague markets.

Great Britain Pound Flat as Employment Data Gives No Direction

The Great Britain pound was little changed today as the employment report released from the United Kingdom during the current trading session was mixed, giving the currency no compelling reason to go either up or down.

Pound Remains on Path of Steady Decline

The Friday’s flash crash of the Great Britain pound did not result in panic sell-off as some might have expected, but the currency remained on the path of steady decline.

Great Britain Pound Crashes to New Lows Only to Recover Immediately

The Great Britain pound demonstrated a flash crash to a new 31-year low today only to recover very quickly. There were different theories about possible reasons for such behavior.

Great Britain Pound at New 31-Year Low

The Great Britain pound sank today, reaching a new 31-year low, as fears of Brexit continued to plague the currency. Coupled with the extremely loose central bank’s monetary policy, that makes the currency completely unattractive to traders (with the possible exceptions of bottom pickers).

Great Britain Pound at Three-Decade Low Against US Dollar

The Great Britain pound slumped today, falling to the lowest level since 1985 against the US dollar, as Brexit fears continued to drive the currency. Yet again, positive macroeconomic data was unable to rescue the sterling.

Date for Brexit Set, Britain’s Pound Soft

The Great Britain pound was soft today after UK Prime Minister Theresa May announced date for the start of the Brexit. The news hit Britain’s currency, and even positive macroeconomic data released on Monday was unable to help the sterling.

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