The Gross Domestic Product (GDP) measures the value of goods and services generated in the United Kingdom. It is based on three-month growth rates, which are a better estimate of underlying GDP growth than monthly figures, which are more volatile than three-month growth rates. To put it another way, the monthly release can be considered as a monthly update on three months worth of data on the economy, rather than a figure that represents the economy for a certain month. It is possible to construct rolling three-month statistics by comparing the growth of one three-month period with that of the previous three-month period, for example, growth in March to May compared with that of the previous three-month period in December to February.

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.

Units:  Percent
Details
Impact: Medium
Country:
Currency: GBP
Latest Release
Previous: 0.7%
Consensus: 0.4%
Actual: 0.5%
Next Release
Date: Aug 14, 06:00
Time left: 27 days
Consensus: 0.3%

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
1.2989
-429 pips
1.3510
-92 pips
1.34182
Symbol Action Percentage Volume Positions
GBPUSD Short 50% 4797.07 lots 18503
Long 50% 4874.91 lots 17008
18% of traders are currently trading GBPUSD.
GBPJPY
193.6809
-571 pips
197.7911
+160 pips
199.392
Symbol Action Percentage Volume Positions
GBPJPY Short 73% 735.12 lots 3025
Long 27% 277.81 lots 1876
5% of traders are currently trading GBPJPY.
EURGBP
0.8560
-83 pips
0.8647
-4 pips
0.86431
Symbol Action Percentage Volume Positions
EURGBP Short 90% 4102.16 lots 16435
Long 10% 453.37 lots 3285
10% of traders are currently trading EURGBP.
GBPCAD
1.8109
-331 pips
1.8500
-60 pips
1.84401
Symbol Action Percentage Volume Positions
GBPCAD Short 41% 258.83 lots 1592
Long 59% 368.47 lots 1483
3% of traders are currently trading GBPCAD.
GBPCHF
1.0787
-2 pips
1.0959
-170 pips
1.07889
Symbol Action Percentage Volume Positions
GBPCHF Short 13% 74.90 lots 1320
Long 87% 482.90 lots 3648
3% of traders are currently trading GBPCHF.
GBPNZD
2.2207
-418 pips
2.1211
+1414 pips
2.26252
Symbol Action Percentage Volume Positions
GBPNZD Short 79% 175.77 lots 1248
Long 21% 45.89 lots 637
1% of traders are currently trading GBPNZD.
GBPAUD
2.0223
-449 pips
2.0872
-200 pips
2.06717
Symbol Action Percentage Volume Positions
GBPAUD Short 75% 448.33 lots 2169
Long 25% 148.63 lots 884
2% of traders are currently trading GBPAUD.
GBPNOK
13.7787
-480 pips
13.8435
-168 pips
13.82669
Symbol Action Percentage Volume Positions
GBPNOK Short 89% 0.25 lots 5
Long 11% 0.03 lots 3
0% of traders are currently trading GBPNOK.
GBPSEK
12.8783
-1998 pips
13.1828
-1047 pips
13.07810
Symbol Action Percentage Volume Positions
GBPSEK Short 43% 0.34 lots 2
Long 58% 0.46 lots 9
0% of traders are currently trading GBPSEK.
GBPSGD
1.7249
-0 pips
1.7379
-130 pips
1.72492
Symbol Action Percentage Volume Positions
GBPSGD Short 5% 0.89 lots 26
Long 95% 16.13 lots 61
0% of traders are currently trading GBPSGD.