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We expect PL to trend downwards today with a 83.33% chance.

Based on the last 12 Retail Sales MoM events in United States, we expect PL to trend downwards later today. Based on these past events there is a 83.33% chance of this. This may happen if the released value is < 0% Historical events that allowed us to draw this conclusion

17 Aug 12:30
15 Jun 12:30
14 May 12:30
16 Mar 12:30
15 Jan 13:30

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

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A final push possible on Live Cattle FEBRUARY 2022 as it starts approaching a price line of 137.2750.

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We expect a 31 pip movement on GBPUSD within 12 hours following the event release.

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