Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.
The most recent announced value for Gross Domestic Product (QoQ) was 0.1% against a forecast of 0.2%.
Recent economic data has been strongly bearish for GBP. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Average Earnings Excluding Bonus (3Mo/Yr) | Bearish change | 4.4% | 4.2% | ||
| Average Earnings Including Bonus (3Mo/Yr) | Bearish change | 4.6% | 4.2% | ||
| Claimant Count Change | Bearish change | 2.7K | 28.6K | ||
| Claimant Count Rate | Bearish change | 4.3% | 4.4% | ||
| Employment Change (3M) | Bearish change | 82K | 52K | ||
| ILO Unemployment Rate (3M) | Bearish change | 5.1% | 5.2% | ||
| Gross Domestic Product (MoM) | Bearish change | 0.2% | 0.1% | ||
| Gross Domestic Product (YoY) | Bearish change | 1.2% | 1% | ||
| Industrial Production (MoM) | Bearish change | 1.3% | -0.9% | ||
| Manufacturing Production (MoM) | Bearish change | 1.9% | -0.5% | ||
| BRC Like-For-Like Retail Sales (YoY) | Bullish change | 1% | 2.3% | ||
| BoE MPC Vote Rate Cut | Bullish change | 5 | 4 | ||
| BoE MPC Vote Rate Hike | (no change) | 0 | 0 |