United Kingdom Nationwide Housing Prices YoY
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 |
|
|
1.2467 -45 pips |
1.2602 -90 pips |
1.25122 | |
| GBPJPY |
|
|
187.9209 -712 pips |
194.0502 +99 pips |
195.044 | |
| EURGBP |
|
|
0.8580 -26 pips |
0.8627 -21 pips |
0.86059 | |
| GBPCAD |
|
|
1.7006 -90 pips |
1.7145 -49 pips |
1.70958 | |
| GBPCHF |
|
|
1.1204 -141 pips |
1.1451 -106 pips |
1.13453 | |
| GBPNZD |
|
|
2.0664 -137 pips |
2.0898 -97 pips |
2.08012 | |
| GBPAUD |
|
|
1.8754 -196 pips |
1.9101 -151 pips |
1.89497 | |
| GBPNOK |
|
|
0 -135709 pips |
13.8222 -2513 pips |
13.57094 | |
| GBPSEK |
|
|
13.2590 -3068 pips |
13.7155 -1497 pips |
13.56584 | |
| GBPSGD |
|
|
1.6837 -109 pips |
1.7113 -167 pips |
1.69462 |
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 | 6h 46min 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
