Based on the last 12 Inflation Rate MoM events in United States, GBPUSD may trend downwards for the next 12 hours. Based on these past events there is a 80% chance of this. This may happen because the released value is = 0.3%
Historical events that allowed us to draw this conclusion
13 Nov 13:30 |
11 Sep 12:30 |
14 Aug 12:30 |
12 Mar 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).