Trade the British pound on economic indicators

Trade the British pound on economic indicators

The levels of British GDP and manufacturing production will be released on January 11 at 11:30 MT time.

Last time the British economy grew by 0.1%, as it was expected by analysts. As for the level of manufacturing production, December's release showed a decline of 0.9%. This was a lower level than the analysts predicted. If this time the actual levels of indicators outperform the forecasts, the British pound will be supported.

• If the actual data of GDP and manufacturing production are higher, the GBP will rise;

• If the actual data of GDP and manufacturing production are lower, the GBP will fall.

Check the economic calendar

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