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United Kingdom GDP Growth Rate QoQ
The services industry is the most important, accounting for 79% of gross domestic product (GDP), in the UK. The most important sectors within services are: government, education, and health (19% of total GDP), real estate (12%), professional, scientific, and technical activities and administrative and support services (12%), wholesale and retail trade (11%), financial and insurance services (8%). Industry accounts for 21% of GDP, with the main components falling into the following categories: manufacturing (10% of total GDP) and construction (6% of total GDP). Agriculture contributes only 1% to the country's gross domestic product. On the spending side, the GDP is composed of three components: household consumption (which accounts for 65% of GDP), government expenditure (20%), and gross fixed capital formation (17%). Exports of goods and services account for 28% of GDP, while imports account for 30%, subtracting 2% from the country's gross domestic product.
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 |
|
|
1.2699 -178 pips |
1.3050 -173 pips |
1.28769 | |
GBPJPY |
|
|
185.2927 -394 pips |
192.6066 -338 pips |
189.231 | |
EURGBP |
|
|
0.8446 -49 pips |
0.8480 +15 pips |
0.84953 | |
GBPCAD |
|
|
1.8073 -263 pips |
1.8426 -90 pips |
1.83363 | |
GBPCHF |
|
|
1.1151 +66 pips |
1.1315 -230 pips |
1.10850 | |
GBPNZD |
|
|
2.2287 -812 pips |
2.1443 +1656 pips |
2.30988 | |
GBPAUD |
|
|
2.0334 -1063 pips |
2.0896 +501 pips |
2.13966 | |
GBPNOK |
|
|
13.6796 -1901 pips |
13.9819 -1122 pips |
13.86969 | |
GBPSEK |
|
|
12.8756 -551 pips |
13.3933 -4626 pips |
12.93066 | |
GBPSGD |
|
|
1.7241 -109 pips |
1.7579 -229 pips |
1.73504 |