The typical/expected impact on GBP pairs is medium.
The consensus forecast for GfK Consumer Confidence is -24. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.
The most recent announced value for GfK Consumer Confidence was -19 against a forecast of -15.
Recent economic data has been moderately bearish for GBP. Other recent announcements which may affect the market's interpretation of the next GfK Consumer Confidence result:
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Growth from Knowledge |
| Category: | Consumption |
| Frequency: | Monthly |