United Kingdom Retail Sales YoY
Year-over-year change in Retail Sales in the United Kingdom analyzes the aggregated sales of retail products and services during a given month to the same period the previous year.
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 |
|
|
1.2651 -7 pips |
1.2931 -273 pips |
1.26579 | |
| GBPJPY |
|
|
190.3974 -603 pips |
196.7884 -36 pips |
196.428 | |
| EURGBP |
|
|
0.8333 +14 pips |
0.8416 -97 pips |
0.83193 | |
| GBPCAD |
|
|
1.7463 -263 pips |
1.7832 -106 pips |
1.77258 | |
| GBPCHF |
|
|
1.1163 -33 pips |
1.1385 -189 pips |
1.11960 | |
| GBPNZD |
|
|
2.1250 -307 pips |
2.0902 +655 pips |
2.15569 | |
| GBPAUD |
|
|
1.9110 -385 pips |
1.9565 -70 pips |
1.94948 | |
| GBPNOK |
|
|
0 -139919 pips |
14.0977 -1058 pips |
13.99191 | |
| GBPSEK |
|
|
13.7882 -1724 pips |
13.9470 +136 pips |
13.96057 | |
| GBPSGD |
|
|
1.6976 -21 pips |
1.7165 -168 pips |
1.69967 |
News (GBP)
UK Inflation Accelerates More Than Forecast
UK consumer price inflation accelerated more than expected in October, lowering the chances of a rate cut at the upcoming monetary policy meeting in December. The consumer price index rose 2.3 percent on a yearly basis, following September's 1.7 percent increase, which was the lowest since April 2021, the Office for National Statistics reported Wednesday.
RTTNews | 12h 32min ago
UK Economy Logs Meager Growth In Q3
In a blow to Chancellor Rachel Reeves, the UK economy grew only marginally in the third quarter on weaker growth in services output, data from the Office for National Statistics revealed Friday. Gross domestic product grew 0.1 percent sequentially, following growth of 0.5 percent in the second quarter and was also weaker than the forecast of 0.2 percent.
RTTNews | 5 days ago
UK Jobless Rate Rises; Wage Growth Slows
The UK unemployment rate rose more than expected in the third quarter and wage growth softened, adding pressure on the Bank of England to cut interest rates further. The unemployment rate rose to 4.3 percent in the September quarter from 4.0 percent in three months to August period, the Office for National Statistics reported Tuesday. The rate was seen at 4.1 percent.
RTTNews | 8 days ago
