Since 1998, the United Kingdom's trade balance has been in deficit, owing to deficits in goods trade that are somewhat offset by surpluses in services trade. Since 1986, the amount of total UK products trade as a percentage of total goods and services trade has been gradually dropping after peaking at 75% in 1985. This is associated with the increasing importance of services in UK commerce (35% of total trade in 2017). While Germany, China, the Netherlands, Norway, Belgium & Luxembourg, and Italy had the largest goods deficits in 2017, the United States, Ireland, and South Korea had the largest surpluses in that same period.

A higher than expected figure should be seen as positive (bullish) for the GBP while a lower than expected figure should be seen as negative (bearish) for the GBP.

Category:  Balance of Trade
Units:  Billion
Details
Impact: Low
Country:
Currency: GBP
Latest Release
Previous: -£1.098B
Consensus: -£1.25B
Actual: -£6.75B
Next Release
Date: Jul 11, 06:00
Time left: 24 days

Forex Sentiment (GBP)

Symbol Community Trend (Shorts vs Longs) Symbol Popularity Avg. Short Price /
Distance From Price
Avg. Long Price /
Distance From Price
Current Price
GBPUSD
1.2608
-78 pips
1.2741
-55 pips
1.26860
Symbol Action Percentage Volume Positions
GBPUSD Short 37% 9313.67 lots 31662
Long 63% 16134.45 lots 46074
24% of traders are currently trading GBPUSD.
GBPJPY
191.9576
-757 pips
198.4553
+107 pips
199.530
Symbol Action Percentage Volume Positions
GBPJPY Short 69% 1761.39 lots 5942
Long 31% 779.32 lots 2701
4% of traders are currently trading GBPJPY.
EURGBP
0.8457
+828 pips
0.8497
-868 pips
0.76291
Symbol Action Percentage Volume Positions
EURGBP Short 5% 1195.13 lots 6511
Long 95% 20737.01 lots 53731
15% of traders are currently trading EURGBP.
GBPCAD
1.7264
+56 pips
1.7476
-268 pips
1.72079
Symbol Action Percentage Volume Positions
GBPCAD Short 76% 3076.20 lots 11301
Long 24% 955.31 lots 4523
5% of traders are currently trading GBPCAD.
GBPCHF
1.1302
+12 pips
1.1454
-164 pips
1.12900
Symbol Action Percentage Volume Positions
GBPCHF Short 31% 1442.79 lots 3587
Long 69% 3239.36 lots 8760
3% of traders are currently trading GBPCHF.
GBPNZD
2.0537
-111 pips
2.0780
-132 pips
2.06480
Symbol Action Percentage Volume Positions
GBPNZD Short 15% 151.02 lots 1049
Long 85% 886.16 lots 5067
2% of traders are currently trading GBPNZD.
GBPAUD
1.8907
-88 pips
1.9221
-226 pips
1.89946
Symbol Action Percentage Volume Positions
GBPAUD Short 31% 601.89 lots 3149
Long 69% 1346.94 lots 4379
3% of traders are currently trading GBPAUD.
GBPNOK
0
-135274 pips
13.7587
-2313 pips
13.52740
Symbol Action Percentage Volume Positions
GBPNOK Short 0% 0.00 lots 0
Long 100% 1.06 lots 6
0% of traders are currently trading GBPNOK.
GBPSEK
13.3173
-230 pips
13.5897
-2494 pips
13.34030
Symbol Action Percentage Volume Positions
GBPSEK Short 2% 0.04 lots 3
Long 98% 2.47 lots 25
0% of traders are currently trading GBPSEK.
GBPSGD
1.7061
-104 pips
1.7226
-61 pips
1.71651
Symbol Action Percentage Volume Positions
GBPSGD Short 78% 58.32 lots 508
Long 22% 16.78 lots 228
0% of traders are currently trading GBPSGD.