Great Britain

The British economy expanded less than forecast in the third quarter as the service sector and budget concerns slowed momentum.  Gross domestic product (GDP) grew by 0.1% for the quarter, compared with growth of 0.5% in Q2, data from the Office for National Statistics (ONS) showed on Friday....

Billionaire and former Glencore CEO Alex Beard charged with corruption in UK along with four others, accused of making corrupt payments in West Africa. A British billionaire who made a fortune while working for a top commodities company was charged with corruption on Thursday. The company...

UK Prime Minister Rishi Sunak has called a general election to be held on July 4. If the polls are correct and recent council elections are anything to go by, the election could deliver a landslide victory to the Labour Party, currently the main opposition against Sunak’s Conservative Party....

Defying expectations, United Kingdom Prime Minister Rishi Sunak will call a snap election for July 4 as the Conservative Party attempts to fend off a dire polling deficit against the rival Labour Party. The UK recently entered a recession after reporting consecutive quarters of GDP decline. What...

Russian President Vladimir Putin is preparing for war with the West by sending spy ships to map wind farms and key cables off the British coast, according to U.K. senior MP Bob Seely. “Our world is becoming markedly more dangerous. And Britain is not ready,” said Seely, who wrote...

UK Prime Minister Liz Truss sacked the Treasury Chief Kwasi Kwarteng Friday in an effort to calm the markets in the wake of the U.K.’s contentious mini-budget. “It is clear that parts of our mini-budget went further and faster than markets were expecting,” Truss said in...

GBP/USD Current price: 1.4193 The UK’s unemployment rate unexpectedly fell to 4.8% in the three months to March. UK annual inflation is expected to have recovered to 1.4% YoY in April. GBP/USD positive momentum set to continue in the near-term. The GBP/USD pair surged to 1.4219 on the...

GBP/USD has kicked off the week with falls as Brexit uncertainty looms. Concerns about US-Sino trade tensions also weighs on sentiment. Monday's four-hour chart is pointing to further losses. "It would always be the UK’s choice, not ours," – said Chief EU Negotiator...

GBP/USD has been struggling to recover and trades close to the four-month lows. Boris Johnson's shadow and Fed tensions dominate markets. Monday's four-hour chart points to oversold conditions for Sterling. Boris Johnson has been avoiding the spotlight but his presence is felt nonetheless...

GBP/USD has been rising after the UK salaries rose more than expected.  The focus will likely shift back to the critical Conservative contest. Tuesday's four-hour chart shows that the broken uptrend support is capping the recovery. Britain's economy has shrunk in April but wage...

GBP/USD has been rising after the UK salaries rose more than expected.  The focus will likely shift back to the critical Conservative contest. Tuesday's four-hour chart shows that the broken uptrend support is capping the recovery. Britain's economy has shrunk in April but wage...

GBP/USD has resumed its falls after initially rising in reaction to the EU elections. Fears of a hard Brexit and no progress in US-Sino trade relations weigh. The four-hour chart shows the bears leading against the bulls. Did Leave or Remain win the European elections? While Nigel Farage's...

GBP/USD has been trying to recover from the lows but has not gone too far. USD weakness has pushed it higher while disappointing UK has weighed. Tuesday's four-hour technical chart paints a mixed picture for the currency pair. As US President Donald Trump is visiting the UK, both countries...

GBP/USD has resumed its falls after initially rising in reaction to the EU elections. Fears of a hard Brexit and no progress in US-Sino trade relations weigh. The four-hour chart shows the bears leading against the bulls. Did Leave or Remain win the European elections? While Nigel Farage's...

GBP/USD has resumed its falls after initially rising in reaction to the EU elections. Fears of a hard Brexit and no progress in US-Sino trade relations weigh. The four-hour chart shows the bears leading against the bulls. Did Leave or Remain win the European elections? While Nigel Farage's...