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United Kingdom Construction Output YoY
Construction output is measured in the United Kingdom as the change in the amount billed by construction firms to clients for the value of work over a certain period of time. The figure is based on a survey of 8,000 companies with more than 100 employees or an annual revenue of more than 60 million. From the perspective of the production method, construction estimates are a component of GDP, accounting for about 6.4% of GDP.
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 |
|
|
1.3092 -443 pips |
1.3355 +180 pips |
1.35348 | |
| GBPJPY |
|
|
186.2363 -656 pips |
193.5412 -74 pips |
192.801 | |
| EURGBP |
|
|
0.8383 -14 pips |
0.8472 -75 pips |
0.83967 | |
| GBPCAD |
|
|
1.8130 -435 pips |
1.8536 +29 pips |
1.85648 | |
| GBPCHF |
|
|
1.1033 -72 pips |
1.1367 -262 pips |
1.11049 | |
| GBPNZD |
|
|
2.2103 -498 pips |
2.1705 +896 pips |
2.26008 | |
| GBPAUD |
|
|
2.0195 -636 pips |
2.0998 -167 pips |
2.08309 | |
| GBPNOK |
|
|
0 -136624 pips |
13.6876 -252 pips |
13.66243 | |
| GBPSEK |
|
|
12.8466 -295 pips |
13.0601 -1840 pips |
12.87608 | |
| GBPSGD |
|
|
1.7302 -75 pips |
1.7589 -212 pips |
1.73768 |
News (GBP)
UK Retail Sales Growth Tops Expectations On Warm Weather
UK retail sales rebounded more than expected in April as good weather boosted food store sales, official data showed on Friday. A monthly survey today showed that British consumer confidence strengthened in May on hopes of easing trade tensions and the interest rate reduction by the Bank of England. Retail sales grew 1.2 percent on a monthly basis in April, following a revised 0.1 percent rise
RTTNews | 1 day ago
UK Inflation Strongest Since Early 2024 On Household Bills, Employer Tax
UK consumer price inflation accelerated sharply to the highest level in more than a year in April due to higher domestic bills and the hike in employers' taxes, official data revealed on Wednesday. The consumer price index rose by a bigger-than-expected 3.5 percent year-on-year in April, which was faster than the 2.6 percent increase in March, the Office for National Statistics reported.
RTTNews | 3 days ago
UK Economy Expands Most In A Year
The U.K. became the fastest growing economy in the G7 league as the country logged the biggest economic expansion in a year in the first quarter that exceeded expectations, thanks to a shift in trade activity ahead of the imposition of higher tariffs by the U.S. Gross domestic product expanded 0.7 percent sequentially, following a 0.1 percent growth in the previous quarter, the first estimate fr
RTTNews | 9 days ago
