Based on the last 12 Consumer Confidence events in JP, we expect GBPUSD to trend up later today. Based on these past events there is a 88.9% of this.
This will happen if the released value is < 43.5
Historical events that allowed us to draw this conclusion
29 Aug 05:00 |
31 Jul 05:00 |
29 Jun 05:00 |
30 May 05:00 |
02 May 05:00 |
09 Apr 05:00 |
01 Mar 05:00 |
31 Jan 05:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
