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United Kingdom BoE MPC Vote Cut
The Monetary Policy Committee of the Bank of England determines the benchmark interest rate in the United Kingdom (MPC). The repo rate is the Bank of England's official interest rate. The repo rate relates to the Bank of England's open market operations with a number of counterparties (banks, building societies, securities firms).
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.
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 |
|
|
1.3032 -519 pips |
1.3584 -33 pips |
1.35510 | |
| GBPJPY |
|
|
194.0940 -505 pips |
197.3721 +177 pips |
199.146 | |
| EURGBP |
|
|
0.8542 -88 pips |
0.8612 +18 pips |
0.86300 | |
| GBPCAD |
|
|
1.8063 -474 pips |
1.8576 -39 pips |
1.85367 | |
| GBPCHF |
|
|
1.0862 +51 pips |
1.0973 -162 pips |
1.08111 | |
| GBPNZD |
|
|
2.2138 -496 pips |
2.1592 +1042 pips |
2.26337 | |
| GBPAUD |
|
|
2.0147 -640 pips |
2.0918 -131 pips |
2.07873 | |
| GBPNOK |
|
|
13.6623 -532 pips |
13.7809 -654 pips |
13.71547 | |
| GBPSEK |
|
|
12.8783 -651 pips |
13.1665 -2231 pips |
12.94338 | |
| GBPSGD |
|
|
1.7338 -23 pips |
1.7457 -96 pips |
1.73606 |
News (GBP)
UK House Prices Remain Flat In June: Halifax
UK house prices remained flat in June after falling last month as more first-time buyers returned to the market, data from the mortgage lender Halifax showed on Monday. House prices stagnated on a monthly basis, reversing May's 0.3 percent decrease. Prices were forecast to fall 0.1 percent. At the same time, annual growth in house prices softened to 2.5 percent from 2.6 percent in the preceding
RTTNews | 1 day ago
UK Construction Sector Contraction Slowest In 6 Months
UK construction activity declined at the slowest pace since the current period of contraction began in January, survey results from S&P Global showed on Friday. The headline construction Purchasing Managers' Index rose to 48.8 in June from 47.9 in May. The expected score was 48.6. Any reading below 50.0 indicates an overall reduction in construction activity.
RTTNews | 4 days ago
UK Car Sales Expand On Strong Electric Car Demand: SMMT
UK car sales expanded for the second straight month and marked the best June since 2019 with strong growth in battery electric car demand, data from the Society of Motor Manufacturers & Traders showed on Friday. New car market grew 6.7 percent from a year ago to 191,316 units in June. This was the best June since 2019, helping lift first half performance 3.5 percent above the same period last yea
RTTNews | 4 days ago
