Based on the last 12 Consumer Confidence events in Japan, we could see GBPUSD trend upwards right now. Based on historical events there is a 87.5% chance of this. This may happen because the released value is < 35.1 Historical events that allowed us to draw this conclusion
01 May 05:00 |
04 Mar 05:00 |
29 Jan 05:00 |
08 Jan 05:00 |
30 Oct 05:00 |
02 Oct 05:00 |
29 Aug 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
