Forex Analysis
by ForexNewsNow Team on December 24th, 2010

British Pound Weekly Outlook: Top GBP Related Events Dec. 27 – Dec. 31

UK flagNEW YORK (Forex News Now) – The FNN team brings you the top couple of economic events most likely to impact GBP and make realtime forex news during the coming week, Dec. 27 – Dec. 31. This is a quieter-than-usual week, as much of the country shuts down over Christmas and New Years.

All times are given in GMT.

1. Housing Equity Withdrawal: Wednesday, 9:30 A.M. – The Bank of England will release data on the change in third quarter of the value of new home-secured loans that aren’t used for home purchases or improvements. Previous: -6.2b.

2. Nationwide HPI: Friday, TBA – Nationwide Building Society will release monthly data on the change in the selling price of homes with mortgages that it backs. The data is a key indicator of the housing industry’s health. Previous: -0.3%.

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