GBP CBI Industrial Order Expectations

Discussion in 'Forex Trading' started by gabsasso, Nov 17, 2010.

  1. gabsasso

    gabsasso

    Businesses react quickly to market conditions, and changes in their expectations can be an early signal of future economic activity, such as spending, hiring, and investment. The decline in recent month shows troubles for the British economy. But we have to remember Britain is still in recession. So, I remain neutral on the Pound.