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U.K. Index of Services

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U.K. Index of Services

Frequency

Delivery Method

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Status

 
Latest Release
Nov 09, 2018
Actual
0.4%
Forecast
0.5%
Previous
0.5%
The Index of Services measures the change in the total Gross Added Value (GAV) of the private and government services sector. GVA is the difference between the value of a service provided and the value of the goods and services used to provide the service.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
Importance:
Country:
Currency: GBP
Source: Office for National Statistics
U.K. Index of Services
 
Release Date Time Actual Forecast Previous
Nov 09, 2018 04:30 0.4% 0.5% 0.5%
Oct 10, 2018 03:30 0.5% 0.6% 0.7%
Sep 10, 2018 03:30 0.6% 0.5% 0.5%
Aug 10, 2018 03:30 0.5% 0.6% 0.4%
Jul 10, 2018 03:30 0.4% 0.4% 0.2%
Jun 29, 2018 03:30 0.2% 0.0% 0.3%

News

UK GDP Strengthens in Second Quarter
UK GDP Strengthens in Second Quarter By Investing.com - Aug 10, 2018

Investing.com - The UK economy saw growth bounce back in the second quarter, after a weak start to the year, official preliminary data showed on Friday. In a report, the Office for National...

UK Annual GDP Growth Meets Expectations at 1.2%
UK Annual GDP Growth Meets Expectations at 1.2% By Investing.com - Jun 29, 2018

Investing.com - Britain’s annual economic growth for the first quarter met consensus expectations, according to figures released by the Office for National Statistics on Friday. GDP grew by...

UK GDP Growth Falls to 5-Year Low
UK GDP Growth Falls to 5-Year Low By Investing.com - Apr 27, 2018

Investing.com - The UK economy registered a severe slowdown in the first quarter, its weakest reading in five years, official preliminary data showed on Friday. In a report, the Office for National...

Analysis

Kenny Fisher
Soft British GDP Sends Pound Plunging By Kenny Fisher - Apr 27, 2018

The British pound has posted sharp losses in the Friday session. Currently, GBP/USD is trading at 1.3767, down 1.08% on the day. On the release front, there are key events on both sides of the pond....

Kenny Fisher
Pound Dips On UK Current-Account Deficit By Kenny Fisher - Sep 29, 2017

The British pound has recorded losses on Friday, erasing the gains which marked the Thursday session. Currently, GBP/USD is trading at 1.3389, down 0.39% on the day. On the release front, it’s a...

Index of Services Discussion

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All Comments (1)
yasser alrooby
yasser alrooby Jul 25, 2014 12:23AM ET
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GBP is currently oversold and it has to test the backside of the very long term bullish channel around price zone of 1.7010 - 1.7020. Buy at current price (1.6984 at this moment), tp. 1.7010, sl. 1.6937
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