Based on the last 12 Retail Sales MoM events in United Kingdom, we may expect EURUSD to trend upwards right now. Based on these past events there is a 66.67% chance of this. We made this conclusion because the released value is < -0.4%. A price movement of 112 pips may be experienced. Historical events that allowed us to draw this conclusion
19 Jan 07:00 |
17 Nov 07:00 |
20 Oct 06:00 |
18 Aug 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
