Based on the last 12 Michigan Consumer Sentiment Prel events in United States, GBPUSD could experience an downwards trend. Based on these past events there is a 71.43% chance of this, and the trend could last 2 hours because the released value is < 72. Historical events that allowed us to draw this conclusion
10 May 14:00 |
15 Mar 14:00 |
10 Nov 15:00 |
13 Oct 14:00 |
15 Sep 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
