At 13:00 (GMT+2), the February data on the industrial orders index from the Confederation of British Industrialists (CBI) will be published in the UK. The indicator is calculated based on a survey of representatives of leading British enterprises and is an important indicator of the state of business in the country. In the reporting period, the value is likely to slow the negative dynamics from –30.0 points to –27.0 points, which may act as a catalyst for the further downward dynamics of the pound.
