Breaking News

U.K. Index of Services

Latest Release

Oct 11, 2024

Actual

0.1%

Forecast

0.3%

0.4%

The Index of Services measures the change in the total Gross Added Value (GAV) of the private and government services sector. GVA is the difference between the value of a service provided and the value of the goods and services used to provide the service.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.

Importance:

Country:

Currency: GBP

Source: Office for National Statistics

Release Date	Time	Actual	Forecast	Previous
Oct 11, 2024	01:00	0.1%	0.3%	0.4%
Sep 11, 2024	01:00	0.6%	0.6%	0.8%
Aug 15, 2024	01:00	0.8%	0.9%	1.1%
Jul 11, 2024	01:00	1.1%	1.0%	1.0%
Jun 12, 2024	01:00	0.9%	0.8%	0.7%
May 10, 2024	01:00	0.7%	0.4%	0.2%

News

U.K. economy grew a little in November as World Cup supported consumption By Investing.com - Jan 13, 2023

By Geoffrey Smith Investing.com -- The British economy eked out modest growth in November as the start of the FIFA World Cup supported consumption, but industry and construction continued to shrink...

UK GDP Strengthens in Second Quarter By Investing.com - Aug 10, 2018

Investing.com - The UK economy saw growth bounce back in the second quarter, after a weak start to the year, official preliminary data showed on Friday. In a report, the Office for National...

UK Annual GDP Growth Meets Expectations at 1.2% By Investing.com - Jun 29, 2018

Investing.com - Britain’s annual economic growth for the first quarter met consensus expectations, according to figures released by the Office for National Statistics on Friday. GDP grew by...

Analysis

GBP/USD Looks to Break Above Strong Resistance Area Post GDP Data By Alexander Kuptsikevich - Jul 11, 2024

There is positive news for the Pound beyond the fact that England will play in the Euro-24 final. The monthly estimate showed that the economy grew by 0.4% in May (twice as much as expected) and that...

GBP/USD Climbs To Two-Week Highs Despite Weak UK Data By Alex Boltyan - Sep 12, 2022

The Cable started the week strongly amid a better mood across the markets. The GBP/USD pair gapped higher and stretched to its highest level since Aug. 30 despite weaker-than-anticipated U.K. data.At...

UK Economy Slows Slightly Less Than Expected, Fails To Lift The Pound By Alexander Kuptsikevich - Aug 12, 2022

The UK monthly statistics package showed that the economy lost 0.1% in the second quarter (0.2% expected), and the annual growth rate collapsed from 8.7% to 2.9% (2.8% expected). For the month, the...

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All Comments (1)

yasser alrooby Jul 25, 2014 12:23AM ET

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GBP is currently oversold and it has to test the backside of the very long term bullish channel around price zone of 1.7010 - 1.7020. Buy at current price (1.6984 at this moment), tp. 1.7010, sl. 1.6937

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