- vs 4 prev
- 6month high
- selling prices 8 vs -7 exp vs -6 prev
Stronger readings give GBP a little lift
GBPUSD 1.5450 EURGBP 0.7375 near session lows after retreating from the heady highs of 0.7410 not so long ago
The Confederation of British Industry (CBI) Industrial Trends Orders measures the economic expectations of the manufacturing executives in the U.K. It is a leading indicator of business conditions. A level above zero indicates order volume is expected to increase; a level below zero indicates expectations are for lower volumes. The reading is compiled from a survey of about 550 manufacturers.
