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We expect KW to trend downwards right now.

Based on the last 12 Ivey PMI s.a events in Canada, we could see KW trend downwards right now. Based on historical events there is a 83.33% chance of this. This may happen because the released value is < 65 Historical events that allowed us to draw this conclusion

06 Mar 15:00
06 Nov 15:00
04 Aug 14:00
07 Jul 14:00
06 Jun 14:00

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

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We expect a $480 movement on GBPUSD within the next 4 hours.

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UK100 is currently testing a level of 8284.5000. Will the breakout continue or will things reverse?

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