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.

Category:  Leading Economic Index
Units:  Percent
Details
Impact: Medium
Country:
Currency: GBP
Latest Release
Previous: 0.6%
Consensus: 0.7%
Actual: 0.7%
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.