Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for BoE MPC Vote Rate Cut was 1 against a forecast of 2.
Recent economic data has been strongly bearish for GBP. Other recent announcements which may affect the market's interpretation of the next BoE MPC Vote Rate Cut result:
Previous | Latest | ||||
---|---|---|---|---|---|
Gross Domestic Product (QoQ) | Bearish change | 0.6% | 0.5% | ||
Gross Domestic Product (YoY) | Bearish change | 0.9% | 0.7% | ||
S&P Global/CIPS Composite PMI | Bearish change | 53.8 | 52.9 | ||
S&P Global/CIPS Manufacturing PMI | Bearish change | 52.5 | 51.5 | ||
S&P Global/CIPS Services PMI | Bearish change | 53.7 | 52.8 |
Country: | United Kingdom |
---|---|
Currency: | GBP |
Source: | Bank of England |
Category: | Central Banks |
Frequency: | Irregular |