United Kingdom Nationwide Housing Prices MoM
In the United Kingdom, the Nationwide house price index serves as a barometer of housing market changes. The index is calculated using owner-occupier mortgage-financed home purchase transactions. Purchases for resale and cash purchases are excluded.
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 |
|
|
1.2422 -121 pips |
1.2648 -105 pips |
1.25427 | |
| GBPJPY |
|
|
176.3292 -598 pips |
183.4419 -114 pips |
182.305 | |
| EURGBP |
|
|
0.8572 -12 pips |
0.8643 -59 pips |
0.85836 | |
| GBPCAD |
|
|
1.6804 -254 pips |
1.7099 -41 pips |
1.70575 | |
| GBPCHF |
|
|
1.1003 -25 pips |
1.1231 -203 pips |
1.1028 | |
| GBPNZD |
|
|
2.0278 -219 pips |
2.0752 -255 pips |
2.04975 | |
| GBPAUD |
|
|
1.8739 -384 pips |
1.9290 -167 pips |
1.91232 | |
| GBPNOK |
|
|
13.7033 +145 pips |
13.7417 -529 pips |
13.6888 | |
| GBPSEK |
|
|
13.1074 -373 pips |
13.1554 -107 pips |
13.1447 | |
| GBPSGD |
|
|
1.6766 -74 pips |
1.7096 -256 pips |
1.68397 |
News (GBP)
UK Halifax House Prices Rise For Second Month
UK house prices increased for the second successive month in November largely reflecting shortage of properties, results of a survey by the Lloyds Bank subsidiary Halifax and S&P Global showed Thursday. House prices grew 0.5 percent in November from October, when they rose 1.2 percent. The pace of growth also exceeded forecast of 0.3 percent.
RTTNews | 3 days ago
UK Service Sector Recovers In November
The UK service sector expanded for the first time in four months in November as demand conditions stabilized and staffing returned to growth amid moderate improvement in expectations for the year ahead, final survey results from S&P Global revealed Tuesday. The final Chartered Institute of Procurement & Supply services Purchasing Managers' Index advanced to 50.9 in November from 49.5 in October.
RTTNews | 5 days ago
UK House Prices Drop At Slowest Pace In 9 Months
UK house prices declined at the slowest pace in nine months in November as expectations of interest rate cuts in future eased affordability pressures, the mortgage lender Nationwide Building Society said Friday. House prices registered an annual decline of 2.0 percent after easing 3.3 percent in October. Prices marked the slowest fall since February 2023. They were forecast to drop 2.3 percent.
RTTNews | 9 days ago
