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We expect EURUSD to trend upwards right now.

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”).

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There is a possibility of a big movement on USD/CAD after a breach of the resistance

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We expect GC to trend downwards right now.

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