United Kingdom Core Inflation Rate YoY
Consumer prices for a basket of items, excluding volatile food and fuel costs, are tracked by the core inflation rate in the United Kingdom.
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 |
|
|
1.2471 -59 pips |
1.2605 -75 pips |
1.25297 | |
| GBPJPY |
|
|
187.8957 -723 pips |
194.0309 +110 pips |
195.126 | |
| EURGBP |
|
|
0.8580 -24 pips |
0.8627 -23 pips |
0.86040 | |
| GBPCAD |
|
|
1.7019 -119 pips |
1.7157 -19 pips |
1.71375 | |
| GBPCHF |
|
|
1.1204 -161 pips |
1.1450 -85 pips |
1.13653 | |
| GBPNZD |
|
|
2.0667 -156 pips |
2.0897 -74 pips |
2.08230 | |
| GBPAUD |
|
|
1.8762 -196 pips |
1.9099 -141 pips |
1.89581 | |
| GBPNOK |
|
|
0 -135639 pips |
13.8222 -2583 pips |
13.56385 | |
| GBPSEK |
|
|
13.2590 -3134 pips |
13.7155 -1431 pips |
13.57240 | |
| GBPSGD |
|
|
1.6840 -118 pips |
1.7106 -148 pips |
1.69580 |
News (GBP)
Bank Of England Moves Closer To Rate Cut
The Bank of England left its key policy rate unchanged for the sixth consecutive meeting and signaled that the first rate cut since 2020 is on the horizon. The Monetary Policy Committee decided to hold the Bank Rate at 5.25 percent again in a split vote. The current bank rate is the highest since early 2008.
RTTNews | 1 day ago
UK Halifax House Prices Edge Up In April
UK house prices rose only marginally in April as rising interest rate expectations weighed on the property market, data published by the mortgage lender Halifax showed on Tuesday. House prices posted a monthly increase of 0.1 percent in April, which was weaker than the expected 0.2 percent growth. However, this was in contrast to the 0.9 percent fall in March.
RTTNews | 3 days ago
UK Manufacturing Activity Slips Into Contraction
The UK manufacturing activity slid into contraction at the start of the second quarter as improvement in output and new orders were short-lived amid uncertain market conditions, client destocking and supply chain disruptions. The S&P Global final manufacturing Purchasing Managers' Index fell to 49.1 in April from a 20-month high of 50.3 in March, survey results showed on Wednesday. The score was
RTTNews | 9 days ago
