The typical/expected impact on GBP pairs is medium.
The consensus forecast for GfK Consumer Confidence is -22. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.
The most recent announced value for GfK Consumer Confidence was -23 against a forecast of -21.
Recent economic data has been broadly neutral for GBP. Other recent announcements which may affect the market's interpretation of the next GfK Consumer Confidence result:
Country: | United Kingdom |
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Currency: | GBP |
Source: | Growth from Knowledge |
Category: | Consumption |
Frequency: | Monthly |