Based on the last 12 GDP Growth Rate QoQ Prel events in United Kingdom, we expect GBPUSD to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > -0.2%
Historical events that allowed us to draw this conclusion
12 May 06:00 |
12 Aug 06:00 |
13 May 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
