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UNDERSTAND THE RELEASE

CBI Industrial Order Expectations

What it means. Why markets react.
What happened in previous releases.

GBPBritish poundLow impact
Release time · UTCOct 22, 202610:00 UTC
Actual ?The figure published for this release. A dash means no numerical value has been supplied; speeches often have none. —
Forecast ?The expected figure supplied by the calendar provider. Markets often react to the difference between this expectation and the actual figure. -20
Previous ?The figure for the previous reporting period. It may have been revised. Comparing actual with previous measures change over time, not the surprise against expectations. -9

No numerical actual has been supplied for this event. The explanation describes its economic context and conditional scenarios.

01
THE EVENT, EXPLAINED

In plain English.

This calendar item identifies an economic or policy event. Its title, reported unit and accompanying release are needed to understand its precise meaning.

THE ECONOMY

What can it change?

The economic effect depends on the subject of the event. The title alone does not establish new facts about growth, inflation or policy.

GBP / CURRENCY

Why does the currency react?

Markets react to new information relative to prior expectations. Without sufficient reported detail, no specific currency direction can be attributed to this event.

Read the currency pairs.

The same currency move points in different directions depending on which side of the pair it sits.

GBP/USD

If the British pound strengthens relative to the US dollar, this pair tends to rise; relative weakness tends to push it lower.

EUR/GBP

If the British pound strengthens relative to the euro, this pair tends to fall; relative weakness tends to push it higher.

GBP/JPY

If the British pound strengthens relative to the Japanese yen, this pair tends to rise; relative weakness tends to push it lower.

How does gold fit in?

The effect on XAU/USD is usually indirect. Watch the US dollar, real US bond yields and safe-haven demand. Gold can rise in a weakening local currency without rising in US dollars.

AT RELEASE TIME

What should you watch?

Read the underlying announcement, compare any published figures with expectations and watch for other news released at the same time.

Educational basis for this explanation
How monetary policy reaches the economy · ECB ↗
02 / HISTORICAL PRICE REACTION

What happened before?

Actual price movement after past releases of this event. Choose a market and a time window.

Market
After release
5 releases analysed ?The number of past releases with a complete price window for this market and duration. The count may change when you select another window.
Sample period · UTC
2026/06/232026/10/22
Movement unit
pips ?Forex is measured in pips: normally 0.0001, or 0.01 for JPY pairs. Gold is measured in US dollars per troy ounce. These are price movements, not profit for a chosen lot size.
Typical move ?For every release, measure its largest distance from the release price in either direction. The median is the middle of those distances. It describes a typical recorded move and is less sensitive to one extreme event than the mean. 11.80pips · median maximum distance
Largest recorded move ?The largest maximum move among all the releases in this sample. It is one historical observation, not a target or a limit on future movement. 19.60pips · largest in the sample
Mean end-of-window change ?The average of the end-of-window price minus the release price. Opposite signed changes can offset each other. A large initial spike may therefore coexist with a small average net change. -8.32pips · net change
LATEST COMPLETE RELEASE2026/10/22
Maximum move · 1 hour ?The greater of the maximum rise and maximum fall from the release price. Example: from 2,000 to a high of 2,010 and a low of 1,996, the maximum move is 10, not the high-to-low range of 14. 17.50 pips
Net change · 1 hour ?The price at the end of the window minus the release price. Positive means it ended higher; negative means lower. It does not measure the largest move along the way. -16.90 pips

How far did price move each way?

Average maximum distance from the release price ?The average of each release’s maximum rise and, separately, maximum fall. These excursions can both occur in one window and at different times. They are not a forecast, a net change or a tradable return.

↓ Downside 12.80 pipsUpside ↑ 3.40 pips

Centre = release price ?The reference is the opening price of the broker candle aligned with the release. All distances are measured from that same price.

These are two separate averages across 5 releases. A release can move both up and down within 1 hour; this does not show which happened first.

At the end of 1 hour, 0% of releases finished above the release price and 100% finished below it.Percentages describe the share of releases ending above or below the release price, not the size of the move or a probability of trade success. Unchanged closes may account for the remainder; percentages are rounded.
Explore the releases & calculation details

Each window starts at the opening price of the broker candle aligned with the release. Maximum movement is the greatest distance from that price, not the high-to-low range. A reversal after an initial spike does not erase the spike; the net change at the end is shown separately. Only complete candle windows without missing intervals are included.

M1 precision: 4 ?M1 means one-minute candles; M15 means fifteen-minute candles. Candle highs and lows capture excursions, but do not establish the order of every tick within a candle. M15 precision: 1 ?M1 means one-minute candles; M15 means fifteen-minute candles. Candle highs and lows capture excursions, but do not establish the order of every tick within a candle. Mean maximum move: 13.74 pips ?The arithmetic average of the maximum moves. Unlike the median, a single unusually large release can move this number substantially.

Simultaneous releases ?Other announcements in the same release window can affect the same prices. The observed move cannot be attributed to this one headline alone. share the same price window. The move may reflect several announcements. The table shows the latest 5 complete observations; the summaries use all 5 observations in the selected sample.

Hover, focus or tap a question mark for an explanation. Table unit: pips.

Date · UTC ?Dates and release times use Coordinated Universal Time (UTC), so the same release can fall on a different local date. Maximum move ?The greater of the maximum rise and maximum fall from the release price. Example: from 2,000 to a high of 2,010 and a low of 1,996, the maximum move is 10, not the high-to-low range of 14. Maximum rise ?The highest recorded price within the window minus the release price, shown as a non-negative distance. Maximum fall ?The release price minus the lowest recorded price within the window, shown as a non-negative distance. Net end change ?The price at the end of the window minus the release price. Positive means it ended higher; negative means lower. It does not measure the largest move along the way.
2026/10/22M117.500.0017.50-16.90
2026/09/22M18.502.708.50-6.30
2026/08/20M111.8011.807.10-3.40
2026/07/23M111.301.0011.30-4.60
2026/06/23M1519.601.5019.60-10.40
Based on LiteFinance broker candle history · Archive updated 2026/10/22.Only markets and windows with complete coverage are shown. Figures are historical price distances, not account returns.

These explanations describe economic mechanisms. Market expectations, liquidity and simultaneous releases can change the actual price response.