We could see GBPUSD trend upwards right now.

Based on the last 12 Ivey PMI s.a events in Canada, we could see GBPUSD trend upwards right now. Based on historical events there is a 85.71% chance of this. This may happen because the released value is > 64

Historical events that allowed us to draw this conclusion

06 Apr 14:00

04 Mar 15:00

04 Feb 15:00

07 Dec 15:00

07 Oct 14:00

08 Sep 14:00

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