Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for GfK Consumer Confidence was -17 against a forecast of -21.
Recent economic data has been broadly neutral for GBP. Other recent announcements which may affect the market's interpretation of the next GfK Consumer Confidence result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Gross Domestic Product (MoM) | Bullish change | 0% | 0.3% | ||
| Gross Domestic Product (QoQ) | Bearish change | 0.6% | 0.4% | ||
| Gross Domestic Product (YoY) | Bullish change | 0.9% | 1.2% | ||
| Industrial Production (MoM) | Bullish change | -0.7% | -0.2% | ||
| Manufacturing Production (MoM) | Bearish change | -0.2% | -0.5% | ||
| BRC Like-For-Like Retail Sales (YoY) | Bearish change | 1.7% | 1% | ||
| BoE MPC Vote Rate Cut | (no change) | 0 | 0 | ||
| BoE MPC Vote Rate Hike | Bullish change | 2 | 3 |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Growth from Knowledge |
| Category: | Consumption |
| Frequency: | Monthly |