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United Kingdom GDP 3-Month Avg
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.
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 |
|
|
1.3062 -591 pips |
1.3598 +55 pips |
1.36532 | |
| GBPJPY |
|
|
191.8737 -539 pips |
196.2376 +102 pips |
197.261 | |
| EURGBP |
|
|
0.8540 -88 pips |
0.8618 +10 pips |
0.86275 | |
| GBPCAD |
|
|
1.8164 -409 pips |
1.8596 -23 pips |
1.85726 | |
| GBPCHF |
|
|
1.0853 +20 pips |
1.0997 -164 pips |
1.08333 | |
| GBPNZD |
|
|
2.2130 -417 pips |
2.1477 +1070 pips |
2.25472 | |
| GBPAUD |
|
|
2.0363 -478 pips |
2.0963 -122 pips |
2.08411 | |
| GBPNOK |
|
|
13.6623 -829 pips |
13.8214 -762 pips |
13.74518 | |
| GBPSEK |
|
|
12.8783 -1677 pips |
13.1869 -1409 pips |
13.04604 | |
| GBPSGD |
|
|
1.7340 -56 pips |
1.7508 -112 pips |
1.73959 |
News (GBP)
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 | 8h 52min 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 | 12h 43min ago
UK Service Sector Growth At 10-Month High
The UK service sector posted its fastest growth in ten months in June underpinned by a renewed improvement in order books, final purchasing managers' survey from S&P Global showed on Thursday. The services business activity index climbed to 52.8 in June from 50.9 in the previous month. This was the highest score since August 2024 and above the initial estimate of 51.3.
RTTNews | 1 day ago
