GBP Trade Index 18-Year Chart

GBP Trade Index 18-Year Chart - GBP Index Daily (Chart 1)

Sterling's trade-weighted index hit a 12-year low in November 2008 when measured against a basket of currencies. The index incorporates various bilateral exchange rates, reflecting changes in the price competitiveness of traded goods and services and trade flows in manufactured goods and services. Country weights are updated annually and are determined by the average share of UK imports/exports over the latest three year period as long as it exceeds 1%. The base 100 value is set from January 2005. Weights were last determined in September 2008.

The basket currently comprises 46 countries, with the main components as follows; USA at 16.1%; Germany at 12.5%; France at 9.4%; The Netherlands at 6.6%; China 5.9%; Belgium and Luxembourg at 5.9%; Italy at 4.7%; Japan at 4.3% and Switzerland at 2.9%.

Comments (Showing latest 10 of 1310) View All Comments
kamaran
Posts: 1
7 years ago
Nov 23, 2010 7:52
hi sir, i want ur analytics this week about GBPUSD , can u help me ? with my thank for u
Gunjack
London, UK
Posts: 1184
7 years ago
Oct 19, 2010 16:11
yeah gr8 posts annymous!?!
Posted Anonymously
7 years ago
Oct 19, 2010 11:40
Posted Anonymously
7 years ago
Oct 12, 2010 23:51
Ashraf Laidi
London, UK
Posts: 0
7 years ago
Jul 14, 2010 19:58
Looking to do the Dublin office for some presentations after the summer


Ashraf
Moose
Dublin, Ireland
Posted Anonymously
7 years ago
Jun 30, 2010 17:57
In the next 3 months can you see the Sterling weaken against the euro? i.e best time to buy sterling... Thanks
Ashraf Laidi
London, UK
Posts: 0
8 years ago
May 10, 2010 14:39
GBPUSD is facing some decent resistance at 1.5110. it is an attractive sell vs USD but decent buy vs EUR

Ashraf
nzvik
New Zealand
Posted Anonymously
8 years ago
Apr 30, 2010 0:57


Igumz

have a look at the link to an economic calendar - click on the icons on the 'Details' column. You can read details about each release including what normally happens if release is better than forecast.
Just remember trading the news is an art which takes time to master.

Some times better economic data does not lead to improvement in currency and vice versa, in fact sometimes good economic data is already priced in - so you can also expect a decline.

Suggest you read and study how currencies react to news events for quite sometime before you risk even a small amount of money

http://www.forexfactory.com/calendar.php


Vik
Ashraf Laidi
London, UK
Posts: 0
8 years ago
Apr 29, 2010 22:39
igums, you buy the currency whose economic indicator improves

Abu, i update the chart on this website

Ashraf
Abu_dodda
Egypt
Posted Anonymously
8 years ago
Apr 27, 2010 18:14
hello sir, where could i have a chart for the index?