Based on the last 12 GDP Growth Rate QoQ Final events in United States, GBPUSD could experience an downwards trend. Based on these past events there is a 75% chance of this, and the trend could last 12 hours because the released value is > 2.8%.
Historical events that allowed us to draw this conclusion
28 Mar 12:30 |
29 Jun 12:30 |
22 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
