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 -23 against a forecast of -24.
Recent economic data has been strongly bearish for GBP. Other recent announcements which may affect the market's interpretation of the next GfK Consumer Confidence result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Gross Domestic Product (QoQ) | (no change) | 0.6% | 0.6% | ||
| Gross Domestic Product (YoY) | Bearish change | 1.1% | 0.9% | ||
| S&P Global Composite PMI | Bearish change | 49.7 | 49.4 | ||
| S&P Global Manufacturing PMI | Bearish change | 53.9 | 53.1 | ||
| S&P Global Services PMI | Bearish change | 49.3 | 48.7 |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Growth from Knowledge |
| Category: | Consumption |
| Frequency: | Monthly |