{"id":84321,"date":"2019-12-31T03:00:35","date_gmt":"2019-12-31T08:00:35","guid":{"rendered":"https:\/\/currencylive.com\/?p=84321"},"modified":"2019-12-31T02:53:36","modified_gmt":"2019-12-31T07:53:36","slug":"101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\/","title":{"rendered":"GBP\/NOK Consolidates Above 11.5200 before Year-End, Set for 4.8% Annual Gains\u00a0"},"content":{"rendered":"<p>Monday\u2019s trade saw GBP\/<a href=\"https:\/\/currencylive.com\/currency\/nok\/\">NOK<\/a> within the range 11.5131-11.5905. The pair closed 0.21% higher at 11.5610 and was set for a 4.8% annual gain. <a href=\"https:\/\/currencylive.com\/currency\/gbp\/\">GBP<\/a> has lost roughly 5.9% of its value against Norway\u2019s Krone in the past two weeks alone due to concerns over a hard-Brexit scenario.<\/p>\n<p>GBP\/NOK bounced from the intraday low area on Monday after a report by trade association UK Finance stated banks had approved 43 700 mortgages for new house purchase in November, or the highest number since January 2017. In October, mortgage approvals were reported at 41 200, or the least since March.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Meanwhile, an earlier report by Statistics Norway showed household consumption of goods had increased at a monthly 1.1% in November, as purchases of food, beverages and tobacco surged 1.8% and those of other goods went up 1.4%. It has been the sharpest monthly increase since June.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Retail sales in the country surged at a monthly rate of 1.0% in November, or the most since April and rebounding after a 0.7% drop in October. Taking retail sales seasonality aside, recent data points have been largely in unison with comfortably low levels of unemployment throughout the year.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>The spread between 2-year Norwegian and 2-year UK bond yields, which reflects the flow of funds in a short term, shrank to 0.696% (69.6 basis points) on December 30th, from 0.753% (75.3 basis points) on December 27th.<\/p>\n<p>In terms of economic calendar, the United Kingdom and Norway are not scheduled to release any relevant reports today. Market players are likely to focus on the key UK manufacturing and construction data as well as on Norwegian reports on manufacturing activity and unemployment, scheduled for release at the end of this week.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>GBP\/NOK was little changed at 11.5591 in late Asian session on Tuesday.<\/p>\n<hr \/>\n<h6><em>Currencylive.com<\/em><em> is a news site only and not a currency trading platform.<\/em><\/h6>\n<h6><em>Currencylive.com is a site operated by TransferWise Inc. (&#8220;We&#8221;, &#8220;Us&#8221;), a Delaware Corporation. We do not guarantee that the website will operate in an uninterrupted or error-free manner or is free of viruses or other harmful components. The content on our site is provided for general information only and is not intended as an exhaustive treatment of its subject. We expressly disclaim any contractual or fiduciary relationship with you on the basis of the content of our site, any you may not rely thereon for any purpose. You should consult with qualified professionals or specialists before taking, or refraining from, any action on the basis of the content on our site. Although we make reasonable efforts to update the information on our site, we make no representations, warranties or guarantees, whether express or implied, that the content on our site is accurate, complete or up to date, and DISCLAIM ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. Some of the content posted on this site has been commissioned by Us, but is the work of independent contractors. These contractors are not employees, workers, agents or partners of TransferWise and they do not hold themselves out as one. The information and content posted by these independent contractors have not been verified or approved by Us. The views expressed by these independent contractors on currencylive.com do not represent our views.<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"<p>Monday\u2019s trade saw GBP\/NOK within the range 11.5131-11.5905. The pair closed 0.21% higher at 11.5610 and was set for a 4.8% annual gain. GBP has lost roughly 5.9% of its value against Norway\u2019s Krone in the past two weeks alone due to concerns over a hard-Brexit scenario. GBP\/NOK bounced from the intraday low area on [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":47374,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1379,1726],"tags":[1394,1728],"class_list":{"0":"post-84321","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-gbp","8":"category-nok","9":"tag-gbp","10":"tag-nok"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/NOK Consolidates Above 11.5200 before Year-End, Set for 4.8% Annual Gains\u00a0 - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ileana Ionescu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/NOK Consolidates Above 11.5200 before Year-End, Set for 4.8% Annual Gains\u00a0\",\"datePublished\":\"2019-12-31T08:00:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\\\/\"},\"wordCount\":537,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/gbp-nok-currency-perfomance.jpg\",\"keywords\":[\"gbp\",\"nok\"],\"articleSection\":[\"GBP\",\"NOK\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\\\/\",\"name\":\"GBP\\\/NOK Consolidates Above 11.5200 before Year-End, Set for 4.8% Annual Gains\u00a0 - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/gbp-nok-currency-perfomance.jpg\",\"datePublished\":\"2019-12-31T08:00:35+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/gbp-nok-currency-perfomance.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/gbp-nok-currency-perfomance.jpg\",\"width\":1200,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GBP\\\/NOK Consolidates Above 11.5200 before Year-End, Set for 4.8% Annual Gains\u00a0\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\",\"name\":\"Currency Live\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/currencylive.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\",\"name\":\"Ileana Ionescu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g\",\"caption\":\"Ileana Ionescu\"},\"description\":\"With a background in business journalism, Ileana works as a Junior Market Analyst for Currency Live and creates content that brings transparency to our audience. Originally from Bucharest, Ileana most commonly transfers EUR to RON and speaks Romanian, English, Italian, Spanish and German.\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/ileana-ionescu\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GBP\/NOK Consolidates Above 11.5200 before Year-End, Set for 4.8% Annual Gains\u00a0 - Currency Live","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/currencylive.com\/news\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\/","twitter_misc":{"Written by":"Ileana Ionescu","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\/"},"author":{"name":"Ileana Ionescu","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/3d5cb0a6a22d357fc0b9ad562f35e75b"},"headline":"GBP\/NOK Consolidates Above 11.5200 before Year-End, Set for 4.8% Annual Gains\u00a0","datePublished":"2019-12-31T08:00:35+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\/"},"wordCount":537,"image":{"@id":"https:\/\/currencylive.com\/news\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/10\/gbp-nok-currency-perfomance.jpg","keywords":["gbp","nok"],"articleSection":["GBP","NOK"],"inLanguage":"en-US","copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\/","url":"https:\/\/currencylive.com\/news\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\/","name":"GBP\/NOK Consolidates Above 11.5200 before Year-End, Set for 4.8% Annual Gains\u00a0 - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/10\/gbp-nok-currency-perfomance.jpg","datePublished":"2019-12-31T08:00:35+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/3d5cb0a6a22d357fc0b9ad562f35e75b"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/10\/gbp-nok-currency-perfomance.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/10\/gbp-nok-currency-perfomance.jpg","width":1200,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/101918-gbp-nok-consolidates-above-11-5200-before-year-end-set-for-4-8-annual-gains\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"GBP\/NOK Consolidates Above 11.5200 before Year-End, Set for 4.8% Annual Gains\u00a0"}]},{"@type":"WebSite","@id":"https:\/\/currencylive.com\/news\/#website","url":"https:\/\/currencylive.com\/news\/","name":"Currency Live","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/currencylive.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/3d5cb0a6a22d357fc0b9ad562f35e75b","name":"Ileana Ionescu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g","caption":"Ileana Ionescu"},"description":"With a background in business journalism, Ileana works as a Junior Market Analyst for Currency Live and creates content that brings transparency to our audience. Originally from Bucharest, Ileana most commonly transfers EUR to RON and speaks Romanian, English, Italian, Spanish and German.","url":"https:\/\/currencylive.com\/news\/author\/ileana-ionescu\/"}]}},"jetpack_featured_media_url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/10\/gbp-nok-currency-perfomance.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/84321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/users\/163946598"}],"replies":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/comments?post=84321"}],"version-history":[{"count":3,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/84321\/revisions"}],"predecessor-version":[{"id":84324,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/84321\/revisions\/84324"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/47374"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=84321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=84321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=84321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}