GBP/USD continues to flirt with a break or bounce of the 200-day MA just below the 1.2100 level. Get your market update from zvawda here:
data is estimated to have fallen by 0.3% in Q3, a downward revision from the first estimate of 0.2%. We have seen downward revisions across 2022 meaning that real GDP is now estimated to be 0.8%, below its pre-pandemic level . Real households' disposable income continues to feel the effects of the rising cost of living as it fell by 0.5% this quarter; this is the fourth consecutive quarter of negative growth in the RHDI. Output is now estimated to have fallen by 0.
Most service sub-sectors have seen a slowdown, yet services output grew by 0.1% in Quarter 3 2022, revised up from a first estimate of flat output. Compared with pre-coronavirus pandemic levels, services output is now 1.3% below its Quarter 4 2019 levels, revised down from previously 0.9% below. We did see the UK's trade deficit for goods and services improve in Quarter 3 2022.continues to flirt and find support off the 200-day MA.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GBP/USD Price Analysis: 200-DMA probes bears ahead of UK/US GDPGBP/USD bears struggle to keep the reins around 1.2080 during early Thursday, following a clear downside break of the three-month-old ascending suppor
Read more »
GBP/USD hangs near two-and-half-week low, bears flirt with 200-day SMA supportThe GBP/USD pair meets with a fresh supply on Wednesday and slides back below the 1.2100 round-figure mark during the mid-European session. The pair i
Read more »
GBP/USD grinds higher past 1.2100 ahead of UK/US GDPGBP/USD prints mild gains around 1.2110 as it pares the previous day’s losses ahead of the third quarter (Q3) Gross Domestic Product (GDP) details of
Read more »
GBP/USD eases from daily high post-UK GDP, holds above 1.2100 mark amid weaker USDThe GBP/USD pair attracts some buying on Thursday and reverses a major part of the previous day's slide to a nearly three-week low. The pair sticks to
Read more »
Dow futures climb over 200 points after Wall Street snaps a losing runU.S. stock futures advanced on Wednesday, with Wall Street poised to build on its climb out of a four-straight losing hole.
Read more »
Some Avatar 2 Costumes Took Over 200 Hours To MakeAvatarTheWayOfWater costume designer Deborah Lynn Scott reveals that some costumes in the film took over 200 hours to make! 'We followed a lot of the template of the first movie and took it to a higher and more complicated standard.'
Read more »