The Office for National Statistics released UK GDP data that came out better-than-expected of 0.2% compare to forecasted 0.1%. Note, that the Manufacturing Production was released at the same time with the GDP.
Rob Kent-Smith, the head of national accounts at the Office for National Statistics revealed, "Growth in the UK economy continued to slow in the three months to November 2018 after performing more strongly through the middle of the year. Accountancy and housebuilding again grew but a number of other areas were sluggish,"
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| Historical Data Table: GDP m/m | Economic Calendar for 15.01.2019 | ||||||||
| Date | 10.09.2018 | 10.10.2018 | 09.11.2018 | 10.12.2018 | 11.01.2019 | 13:30 PM | US PPI m/m | ||
| Actual | 0.30% | 0.00% | 0.00% | 0.10% | 0.20% | 13:30 PM | US Core PPI m/m | ||
| Forecast | 0.20% | 0.10% | 0.10% | 0.10% | 0.10% | Tentative | UK Parliament Brexit Vote | ||
| Initial Reaction on Main Pairs | Open Position Proportions on 11.01.2019 | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| GBP/USD | 1.27239 | 1.2729 | 0.04% | GBP/USD | 56.56% | 43.44% | |||
| EUR/GBP | 0.90513 | 0.90501 | -0.01% | EUR/GBP | 26.25% | 73.75% | |||
| GBP/CAD | 1.67768 | 1.67844 | 0.05% | GBP/CAD | 60.54% | 39.46% | |||
| GBP/JPY | 137.793 | 137.84 | 0.03% | GBP/JPY | 68.83% | 31.17% | |||