Tag: manufacturing production

GBP/USD Touches 5-Year Lows on Weak Factory Data

GBP/USD plunged on Tuesday, falling to five-year lows on weak UK factory data and rising demand for the dollar in the wake of China’s...

GBP/USD Sees Upside Following Mixed Factory Data

The GBP/USD rallied for a third consecutive day on Wednesday amid broad weakness for the US dollar and mixed UK factory data. The GBP/USD...

GBP/USD Resumes Downtrend

The GBP/USD declined for a second consecutive day on Friday, as weak economic data further diminished the likelihood the Bank of England would consider...