Based on the last 12 PPI MoM events in United States, GBPUSD may trend upwards for the next 48 hours. Based on these past events there is a 85.71% chance of this. This may happen because the released value is < 0.3% Historical events that allowed us to draw this conclusion
16 Jul 12:30 |
15 May 12:30 |
11 Apr 12:30 |
13 Mar 12:30 |
14 Jan 13:30 |
11 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
