Read more
06:02 · 12 June 2025

BREAKING: GBPUSD drops after lower GDP readings📌

GBP/USD
Forex
-
-

07:00 AM BST, United Kingdom - GDP data for April:

  • GDP: actual 0.9% YoY; previous 1.1% YoY;
  • GDP: actual -0.3% MoM; forecast -0.1% MoM; previous 0.2% MoM;
  • Monthly GDP 3M/3M Change: actual 0.7%; forecast 0.7%; previous 0.7%;

07:00 AM BST, United Kingdom - Balance of Tade Data for April:

  • Trade Balance: actual -23.21B; forecast -20.80B; previous -19.87B;
  • Trade Balance Non-EU: actual -8.65B; previous -6.83B;

07:00 AM BST, United Kingdom - Manufacturing Production for April:

  • actual -0.9% MoM; forecast -0.8% MoM; previous -0.8% MoM;
  • actual 0.4% YoY; forecast 0.4% YoY; previous -0.8% YoY;

07:00 AM BST, United Kingdom - Industrial Production for April:

  • Industrial Production: actual -0.6% MoM; forecast -0.4% MoM; previous -0.7% MoM;
  • Industrial Production: actual -0.3% YoY; forecast -0.2% YoY; previous -0.7% YoY;

The British pound weakens following the release of weaker macroeconomic data. The most striking figure is the disappointing April GDP report, showing that the UK economy contracted by 0.3% month-over-month. Industrial production data also came in below expectations.

 

 

29 October 2025, 19:04

Daily summary: Powell is pushing the dollar higher. Now it’s time for Big Tech earnings. 📄

29 October 2025, 18:49

EURUSD falls below 1.16 after Fed 💵

29 October 2025, 18:33

FED Powell Conference (LIVE)

29 October 2025, 18:00

BREAKING: Fed cuts interest rates and will end QT on December 1st 📌

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Join over 1.7 Million investors from around the world