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United Kingdom BoE Interest Rate Decision
The Monetary Policy Committee of the Bank of England determines the benchmark interest rate in the United Kingdom (MPC). The repo rate is the Bank of England's official interest rate. The repo rate relates to the Bank of England's open market operations with a number of counterparties (banks, building societies, securities firms).
A higher than expected figure should be seen as positive (bullish) for the GBP while a lower than expected figure should be seen as negative (bearish) for the GBP.
Forex Sentiment (GBP)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| GBPUSD |
|
|
1.2926 -472 pips |
1.3345 +53 pips |
1.33982 | |
| GBPJPY |
|
|
185.7152 -543 pips |
191.8194 -67 pips |
191.147 | |
| EURGBP |
|
|
0.8441 -59 pips |
0.8551 -51 pips |
0.84999 | |
| GBPCAD |
|
|
1.8061 -465 pips |
1.8477 +49 pips |
1.85260 | |
| GBPCHF |
|
|
1.0953 -96 pips |
1.1280 -231 pips |
1.10493 | |
| GBPNZD |
|
|
2.2045 -540 pips |
2.1600 +985 pips |
2.25853 | |
| GBPAUD |
|
|
2.0132 -789 pips |
2.1024 -103 pips |
2.09213 | |
| GBPNOK |
|
|
13.7957 -780 pips |
13.9052 -315 pips |
13.87375 | |
| GBPSEK |
|
|
12.8515 -259 pips |
13.0873 -2099 pips |
12.87745 | |
| GBPSGD |
|
|
1.7420 -62 pips |
1.7645 -163 pips |
1.74823 |
News (GBP)
UK Retail Sales Rise; Consumer Sentiment Weakens
UK retail sales grew unexpectedly in March as good weather boosted demand for clothing and garden supplies, but U.S. President Donald Trump's tariff threats and concerns of higher inflation dampened consumer sentiment, data showed Friday. Retail sales grew 0.4 percent on a monthly basis, confounding expectations for a decline of 0.3 percent.
RTTNews | 4 days ago
UK Auto Production Surges On Foreign Demand
UK auto production logged a double-digit growth in March but the expansion was not sufficient to offset the first quarter decline, the Society of Motor Manufacturers and Traders, or SMMT, said Friday. Production of cars and commercial vehicles advanced 17.1 percent year-on-year in March. Production for home market climbed 4.7 percent and that for foreign market surged 23.4 percent.
RTTNews | 5 days ago
UK Manufacturing Orders Improve In April
UK manufacturing orders improved in April but export orders deteriorated sharply as tariff tensions escalate, the Industrial Trends Survey results from the Confederation of British Industry revealed on Thursday.
RTTNews | 5 days ago
