Based on the last 12 Consumer Confidence events in Japan, GBPUSD may trend downwards for the next 2 hours. Based on these past events there is a 80% chance of this. This may happen because the released value is > 31.7
Historical events that allowed us to draw this conclusion
29 Oct 05:00 |
01 Oct 05:00 |
30 Jun 05:00 |
31 May 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
