GfK Consumer Confidence still net pessimistic but holding at its highest since around three years ago.
Joe Staton, client strategy director at GfK:
- "This more positive outlook may be due to a mortgage-friendly interest rate cut at the beginning of August, and hopes of more to come"
![uk consumer sentiment 23 August 2024 gkf](https://images.forexlive.com/images/uk%20consumer%20sentiment%2023%20August%202024_id_19b32a6a-0857-4052-b1c3-2dc1d2a3663a_original.jpg)