# GBP/USD: Trading the CBI Realized Sales (October 28, 2013) Source: https://www.tradersway.com/resources/market-info/gbp-usd-trading-the-cbi-realized-sales-october-28-2013/ Language: en Updated: 2013-10-28 Description: Explore GBP/USD: Trading the CBI Realized Sales (October 28, 2013). Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. There isn’t much in terms of data in today’s economic schedule, but there could be an opportunity for a quick scalp trade for GBP/USD. The UK is set to print its CBI realized sales report at 12:00 pm GMT today and possibly spark some volatility for the pair. GBP/USD is currently trading inside a rising channel on its 1-hour time frame but it is testing the bottom. A break below this level, which might be sparked by a weak CBI figure, could take the pair to the next visible support at 1.5925. A bounce from the current levels could push GBP/USD to the top of the channel around 1.6275. ![GBP/USD: Trading the CBI Realized Sales (October 28, 2013)] The rally is projected to be weaker than the possible selloff because sentiment for the UK is bearish lately. Risk appetite is also low, thanks to the downbeat sentiment spurred by China’s rising interest rates. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/gbp-usd-trading-the-cbi-realized-sales-october-28-2013/#primary", "url": "https://www.tradersway.com/resources/market-info/gbp-usd-trading-the-cbi-realized-sales-october-28-2013/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/gbp-usd-trading-the-cbi-realized-sales-october-28-2013/", "headline": "GBP/USD: Trading the CBI Realized Sales (October 28, 2013)", "inLanguage": "en", "datePublished": "2013-10-28T11:01:40+00:00", "dateModified": "2013-10-28T11:01:40+00:00", "articleSection": "Market Info", "description": "Explore GBP/USD: Trading the CBI Realized Sales (October 28, 2013). 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