Positive macroeconomic statistics from the UK | 08 5月 2023

08 5月 2023, GBP/USD

Positive macroeconomic statistics from the UK

GBPUSD trading plan:

Activity in Britain's construction sector increased in April but growth was lopsided, with residential house-building suffering its steepest decline since May 2020, weighed down by weaker demand and higher mortgage rates, a fresh survey showed. The S&P Global UK Purchasing Managers' Index for the construction industry came in at 51.1 in April, up from 50.7 in March. Britain's housing market has shown signs of recovery in recent weeks, after a sharp slowdown triggered by the market turmoil which followed former prime minister Liz Truss's "mini-budget". Bank of England data published on Friday showed British lenders approved the highest volume of mortgages since October 2022 in March, while mortgage lender Nationwide on Tuesday reported a 0.5% monthly rise in house prices in April after they fell in the seven previous months.

Investment idea: buy 1.2619 and take profit 1.2674.

David Johnson
Analyst of «FreshForex» company
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus