Press "Enter" to skip to content

Special Sterling Signals – Get The Best GBP Trading Signals

Wednesday, July 10’s big GBP moving events!

🇬🇧 GBP Manufacturing Production
The Manufacturing Production released by the National Statistics measures the manufacturing output. Manufacturing Production is significant as a short term indicator of the strength of UK manufacturing activity that dominates a large part of total GDP. A high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or bearish).

Previous: -0.8%
Expectations:1.3%
Expected impact for the GBP: High

🇬🇧 GBP Industrial Production
The Industrial Production released by the National Statistics measures outputs of the UK factories and mines. Changes in industrial production are widely followed as a major indicator of strength in the manufacturing sector. A high reading is seen as positive (or bullish) for the GBP, whereas a low reading is seen as bearish.

Previous: -2.7%
Expectations: 1.5%
Expected impact for the GBP: High

🇬🇧 GBP Gross Domestic Product (GDP) 
The Gross Domestic Product released by the National Statistics is a measure of the total value of all goods and services produced by the UK. The GDP is considered as a broad measure of the UK economic activity. Generally speaking, a rising trend has a positive effect on the GBP, while a falling trend is seen as negative (or bearish).

Previous: -0.4%
Expectations: 0.3%
Expected impact for the GBP: High

Figures show that economists expect significant differences in the new figures, therefore the impact on the GBP is anticipated to be significant.

What are we going to trade: GBP/USD, GBP/JPY, GBP/CAD, GBP/AUD, GBP/NZD, EUR/GBP

[GET THE SIGNALS]

 

WhatsApp WhatsApp us now!