Based on the last 12 Ivey PMI s.a events in Canada, we could see a $480 movement on GBPUSD within the next 4 hours. We may see GBPUSD trend upwards for 4 hours because the released value is < 65 Historical events that allowed us to draw this conclusion
06 Mar 15:00 |
04 Aug 14:00 |
07 Jul 14:00 |
06 Jun 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
