The typical/expected impact on GBP pairs is high.
The consensus forecast for Gross Domestic Product (QoQ) is 0.2%. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for Gross Domestic Product (QoQ) was 0.1% against a forecast of 0.1%.
Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| 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 |