At 13:00 (GMT+2), the UK will publish data on the Confederation of British Industry (CBI) retail sales index for October. The indicator is calculated based on data from 20.0 thousand retail outlets, including retail and wholesale trade. Its value above zero indicates an increase in sales volumes, while below zero indicates a decrease. The value is expected to decrease from –29.0 points to –36.0 points. If the forecast proves right, the pound may fall under pressure.
