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 |
|
|
1.2946 -185 pips |
1.3138 -7 pips |
1.31310 | |
GBPJPY |
|
|
183.9394 -309 pips |
192.7048 -567 pips |
187.030 | |
EURGBP |
|
|
0.8431 +36 pips |
0.8491 -96 pips |
0.83951 | |
GBPCAD |
|
|
1.7507 +165 pips |
1.7757 -415 pips |
1.73416 | |
GBPCHF |
|
|
1.1062 -6 pips |
1.1368 -300 pips |
1.10680 | |
GBPNZD |
|
|
2.1044 -209 pips |
2.0911 +342 pips |
2.12527 | |
GBPAUD |
|
|
1.9284 -399 pips |
1.9624 +59 pips |
1.96830 | |
GBPNOK |
|
|
0 -140719 pips |
13.9856 +863 pips |
14.07192 | |
GBPSEK |
|
|
13.4745 -418 pips |
13.5762 -599 pips |
13.51630 | |
GBPSGD |
|
|
1.7054 -36 pips |
1.7290 -200 pips |
1.70900 |