United Kingdom S&P Global/CIPS Composite PMI
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 |
|
|
1.2481 -77 pips |
1.2625 -67 pips |
1.25582 | |
| GBPJPY |
|
|
188.3207 -739 pips |
194.2377 +148 pips |
195.715 | |
| EURGBP |
|
|
0.8581 -19 pips |
0.8627 -27 pips |
0.85999 | |
| GBPCAD |
|
|
1.7003 -170 pips |
1.7158 +15 pips |
1.71729 | |
| GBPCHF |
|
|
1.1215 -166 pips |
1.1457 -76 pips |
1.13806 | |
| GBPNZD |
|
|
2.0713 -141 pips |
2.0894 -40 pips |
2.08536 | |
| GBPAUD |
|
|
1.8762 -214 pips |
1.9107 -131 pips |
1.89758 | |
| GBPNOK |
|
|
0 -135751 pips |
13.7862 -2111 pips |
13.57507 | |
| GBPSEK |
|
|
13.2730 -3257 pips |
13.7072 -1085 pips |
13.59866 | |
| GBPSGD |
|
|
1.6850 -136 pips |
1.7165 -179 pips |
1.69862 |
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
