United Kingdom Gfk Consumer Confidence
The amount of confidence that consumers have in the performance of the economy over the next 12 months, as measured by the Consumer Confidence Index in the United Kingdom. The relative level of past and future economic conditions, including personal financial status, climate for large purchases, overall economic situation, and amount of savings are asked in the poll of approximately 2000 consumers which the GfK Consumer Confidence Index is compiled.
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 |
|
|
1.2467 -58 pips |
1.2607 -82 pips |
1.25251 | |
| GBPJPY |
|
|
187.9834 -726 pips |
194.0641 +118 pips |
195.242 | |
| EURGBP |
|
|
0.8580 -19 pips |
0.8626 -27 pips |
0.85986 | |
| GBPCAD |
|
|
1.7005 -125 pips |
1.7142 -12 pips |
1.71297 | |
| GBPCHF |
|
|
1.1200 -153 pips |
1.1451 -98 pips |
1.13527 | |
| GBPNZD |
|
|
2.0658 -157 pips |
2.0898 -83 pips |
2.08147 | |
| GBPAUD |
|
|
1.8755 -214 pips |
1.9103 -134 pips |
1.89687 | |
| GBPNOK |
|
|
0 -135875 pips |
13.8222 -2347 pips |
13.58745 | |
| GBPSEK |
|
|
13.2590 -3189 pips |
13.7155 -1376 pips |
13.57792 | |
| GBPSGD |
|
|
1.6843 -120 pips |
1.7115 -152 pips |
1.69631 |
News (GBP)
Better Than Expected Q1 Growth Leads UK Out Of Recession
The UK economy ended a technical recession in the first quarter with the economic output growing better than expected and also marked the strongest since late 2021 led by a rebound in the services output and household spending. Gross domestic product grew 0.6 percent from the fourth quarter, when the economy shrunk 0.3 percent, preliminary estimates from the Office for National Statistics showed.
RTTNews | 9h 59min ago
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
