Based on past JP Consumer Confidence news events there is a 88.9% of GBPUSD trending up
We expect this to happen because the released value is < 43.5. A price movement of 19 pips is expected.
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”)
