The typical/expected impact on GBP pairs is high.
Recent economic data has been broadly neutral for GBP. The following recent announcements may affect the market reaction to Monetary Policy Summary:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Gross Domestic Product (MoM) | Bearish change | 0.2% | 0.1% | ||
| Gross Domestic Product (QoQ) | (no change) | 0.1% | 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 |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Bank of England |
| Category: | Central Banks |
| Frequency: | Irregular |