Based on the last 12 Consumer Confidence events in Japan, GBPUSD may trend downwards for the next 12 hours. Based on these past events there is a 71.43% chance of this. This may happen because the released value is > 37.6
Historical events that allowed us to draw this conclusion
01 May 05:00 |
10 Apr 05:00 |
31 Jan 05:00 |
05 Jan 05:00 |
31 Aug 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
