Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect GBPUSD to trend upwards later today. Based on these past events there is a 83.33% chance of this. This may happen if the released value is < -22 Historical events that allowed us to draw this conclusion
22 Sep 14:00 |
20 Jul 14:00 |
22 Jun 14:00 |
23 Mar 15:00 |
21 Dec 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
