UK CBI Industrial Trends - Total Orders arrive at -34 in July, GBP unfazed

Dhwani Mehta FXStreet

The Confederation of British Industry's latest 'Industrial Trends Survey - Total Orders' came in at -34 in July following April’s -15 reading. According to the CBI, a reading below 0 indicates pessimism.

Other details of the report revealed Trends Selling Prices arrived at +12 vs.+4 previous.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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