The Office for National Statistics released UK GDP data that came out in line with expectations of 0.1%. Note, that the Manufacturing Production was released at the same time with the GDP.
Suren Thiru, head of economics at the British Chambers of Commerce, said, "The latest GDP data is further evidence that the drag effect of persistent Brexit uncertainty and the significant cost pressures faced by consumers and businesses is taking its toll on the UK economy,"
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| Historical Data Table: GDP m/m | Economic Calendar for 12.12.2018 | ||||||||
| Date | 10.08.2018 | 10.09.2018 | 10.10.2018 | 09.11.2018 | 10.12.2018 | 13:30 PM | US CPI m/m | ||
| Actual | 0.10% | 0.30% | 0.00% | 0.00% | 0.10% | 13:30 PM | US Core CPI m/m | ||
| Forecast | 0.20% | 0.20% | 0.10% | 0.10% | 0.10% | - | - | ||
| Initial Reaction on Main Pairs | Open Position Proportions on 06.12.2018 | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| GBP/USD | 1.27216 | 1.27238 | 0.02% | GBP/USD | 65.95% | 34.05% | |||
| EUR/GBP | 0.89734 | 0.89739 | 0.01% | EUR/GBP | 26.30% | 73.70% | |||
| GBP/CAD | 1.69353 | 1.6939 | 0.02% | GBP/CAD | 54.71% | 45.29% | |||
| GBP/JPY | 143.362 | 143.411 | 0.03% | GBP/JPY | 71.20% | 28.80% | |||