United Kingdom Unemployment Rate
The unemployment rate in the UK is described as the number of people actively seeking work as a percentage of the population, all of whom are considered to be labor force participants.
A higher than expected figure should be seen as negative (bearish) for the GBP while a lower than expected figure should be seen as positive (bullish) 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 |
|
|
1.3161 -395 pips |
1.3529 +27 pips |
1.35560 | |
| GBPJPY |
|
|
195.4168 -477 pips |
198.7129 +148 pips |
200.190 | |
| EURGBP |
|
|
0.8552 -97 pips |
0.8665 -16 pips |
0.86490 | |
| GBPCAD |
|
|
1.8503 -265 pips |
1.8655 +113 pips |
1.87680 | |
| GBPCHF |
|
|
1.0789 -6 pips |
1.1003 -208 pips |
1.07951 | |
| GBPNZD |
|
|
2.2500 -250 pips |
2.2396 +354 pips |
2.27505 | |
| GBPAUD |
|
|
1.9864 -513 pips |
2.0581 -204 pips |
2.03775 | |
| GBPNOK |
|
|
13.3712 +38 pips |
13.4704 -1030 pips |
13.36740 | |
| GBPSEK |
|
|
12.7293 +854 pips |
12.8200 -1761 pips |
12.64390 | |
| GBPSGD |
|
|
1.7316 -70 pips |
1.7379 +7 pips |
1.73860 |
News (GBP)
UK Economy Flatlines In July
The UK economy stagnated in July, posing further challenges to Chancellor Rachel Reeves as any tax hikes or spending cuts would again dampens activity. Real gross domestic product showed no growth in July, as expected, after rising 0.4 percent in June, the Office for National Statistics reported Friday.
RTTNews | 1 day ago
UK House Prices Rise For Third Month: Halifax
UK house prices increased for the third straight month to hit the highest on record in August, data from the mortgage lender Halifax showed Friday. House prices grew 0.3 percent in August from a month ago. However, this was slightly weaker than the 0.4 percent increase in July. Prices increased for the third straight month and logged a faster-than- expected rise of 0.2 percent.
RTTNews | 8 days ago
UK Construction Sector Continues To Shrink
The UK construction sector contracted for the eighth consecutive month in August due to marked reductions in the housing and civil engineering works, survey data published by S&P Global showed on Thursday. The construction Purchasing Managers' Index posted 45.5 in August, up from 44.3 in July. However, the score remained well below the 50.0 mark indicating sharp fall in construction output.
RTTNews | 9 days ago
