Based on the last 12 PPI MoM events in United States, we expect GBPUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is < 0.2% Historical events that allowed us to draw this conclusion
13 Mar 12:30 |
14 Jan 13:30 |
11 Oct 12:30 |
13 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
