United Kingdom Myfxbook GBPUSD Sentiment
The Myfxbook GBPUSD Sentiment Indicator is a very important tool for traders. This indicator shows the percentages of buyers and sellers of GBPUSD. It helps you make better decisions by looking at the most recent market patterns and identifying where the market is likely to change direction. It is based on Live accounts connected to Myfxbook.
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.
Market Sentiment for Great Britain Pound
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| GBPUSD |
|
|
1.2469 -70 pips |
1.2612 -73 pips |
1.25390 | |
| GBPJPY |
|
|
188.1173 -734 pips |
194.2034 +125 pips |
195.454 | |
| EURGBP |
|
|
0.8580 -21 pips |
0.8627 -26 pips |
0.86007 | |
| GBPCAD |
|
|
1.6990 -157 pips |
1.7154 -7 pips |
1.71465 | |
| GBPCHF |
|
|
1.1207 -155 pips |
1.1452 -90 pips |
1.13617 | |
| GBPNZD |
|
|
2.0710 -132 pips |
2.0895 -53 pips |
2.08420 | |
| GBPAUD |
|
|
1.8773 -187 pips |
1.9108 -148 pips |
1.89601 | |
| GBPNOK |
|
|
0 -135863 pips |
13.7983 -2120 pips |
13.58628 | |
| GBPSEK |
|
|
13.2730 -3364 pips |
13.7072 -978 pips |
13.60944 | |
| GBPSGD |
|
|
1.6846 -125 pips |
1.7167 -196 pips |
1.69706 |
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 | 3 days 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 | 4 days 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 | 6 days ago
