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We expect a $610 movement on GBPUSD within 12 hours following the release of Michigan Consumer Sentiment Prel.

Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect GBPUSD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect GBPUSD to trend upwards 12 hours following the event release at 2023-01-13 15:00 if the released value is > 60.5. A price movement of 61 pips is expected.

Historical events that allowed us to draw this conclusion

14 Oct 14:00
12 Aug 14:00
15 Jul 14:00
14 Apr 14:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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Esperamos un movimiento en $269882 del CC dentro de 48 después del evento publicado a las 2023-01-13 15:00.

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D’après les 12 derniers événements de Michigan Consumer Sentiment Prél en États-Unis, nous attendons un mouvement de $320 sur EURUSD dans les 2 heures suivant la publication de l’événement à 2023-01-13 15:00.

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